Finance and Leasing
Financing Options
- Fixed Financing
- 2 Or 3-year Interest Swap Rate
- Floating Financing
- Commercial Paper
- LIBOR
- S.T.A.R. – Steady Terms / Adjustable Rate
- Self Funding
Equipment Funding
- Forklifts, Cranes, Loaders, Etc.
- Separate Equipment Lease Contract
- Case-by-case Credit Basis
- Equipment-specific Terms And Pricing
Lease Comparison
Closed End / Full Service |
ARI's Open-End Unbundled |
Early termination clause |
After minimum lease term, free to cancel without penalty |
Inflated capitalization cost for selected equipment |
Full disclosure of equipment cost |
Excess mileage charges |
Mileage tracked but not charged |
Excess wear & tear clause |
No charge for wear & tear |
Damage chargebacks |
Damage repaired by customer |
CPI rate adjustments |
Not applicable |
Finance & maintenance cost tied together |
Finance, fuel, & maintenance cost tracked separately |
Residual value to lessor, lessee pays a premium for options |
Residual value belongs to lessee or residual value guaranteed by MFG. |
Lessee is not aware of lessor’s cost of repairs |
All charges are National Account prices with controlled authorization by our tech center |
Lessee pays for some services upfront |
Per-occurrence charges on truck washing, renting, tires and maintenance work |
Policy adjustments and post-warranty money retained by lessor |
Policy adjustments and post-warranty money returned to lessee |
