Fleet Sales Financing

Commercial Mowing Lease Program

Take advantage of the residual value at the end of your lease term.
By avoiding heavy upfront costs, you can keep your cash in your business
while you upgrade to the newest equipment, all with less hassle.

     
 

Sample Purchase Amount

$10,000

     
 

 

Residual Value

 
 

Term

24 mo

36 mo

48 mo

 
 

Fleet Residual

30%

25%

20%

 
 

10% FMV Residual

10%

10%

10%

 
 

$1.00 Residual

$1.00

$1.00

$1.00

 
 

9 month/3 month

$1.00

$1.00

$1.00

 
   

Rate Factors

 
 

Term

24 mo

36 mo

48 mo

 
 

Fleet Rate Factor

0.035823

0.025660

0.022316

 
 

10% FMV Rate Factor

0.043838

0.030781

0.024280

 
 

$1.00 Rate Factor

0.047614

0.033181

0.025995

 
 

9 month/3 month

0.059347

0.040339

0.030893

 
   

Lease Payments

 
 

Term

24 mo

36 mo

48 mo

 
 

Fleet Payments

$358.23

$256.60

$223.16

 
 

10% FMV Payments

$438.38

$307.81

$242.80

 
 

$1.00 Payment

$476.14

$331.81

$259.95

 
 

9 month/3 month

$593.47

$403.39

$308.93

 
$100 contact payments in off months

 

TRANSACTIONS OVER $250,000

For larger transactions of unlimited amounts, we require a full financial package.
With a 1-time application effort,
customers benefit from our expert service in matching them
to the appropriate lender and the most beneficial financing arrangement.

NOT EVERYONE DOES WHAT MOWER FINANCE CAN

We can an roll old lease, loan or residual into new financing agreement.
We can set up payments according to the seasonal rhythm of the customer’s business.
Accessories, trailers and smaller items like handhelds can be bundled into a single agreement.
Deferred payments up to 6 months depending on credit.
We can include working capital and defer 3 months of payments to give a customer’s investment time to cash flow.
One application allows access to many financing solutions.

Built for the Landscaping Industry.

Call Mower Finance Commercial Department

at 888-464-6256 xt 401

credit@mowerfinance.com

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