Client Testimonial

“Macrolease has been a consistent, competitive & honest finance partner for several decades. We enjoy working with them and look forward to many more years of growth together”.
- William Banos

William & Angel Banos
CEO & Vice President
Gold's Gym SoCal Group


We offer a variety of terms, structures and options to fit your budget. Our tailored programs allow you to make affordable lease payments while enjoying the many benefits of your new equipment.

$1 Purchase Option

Also known as a “capital” or “finance” lease

At the end of the lease term, title to the equipment is transferred to the customer (lessee). Because of the small purchase option, many accountants will depreciate the equipment and expense the interest similar to the method utilized in a bank loan. It is assumed that the lessee will own the equipment at the end of the lease term.

10 % Purchase Option

At the end of the lease term, the lessee may purchase the equipment for 10% of the original purchase price. The lessee’s accountant determines whether to capitalize the equipment, similar to the $1.00 Purchase Option lease, or expense the entire payment. Macrolease does not advise clients which accounting method to use; the lessee’s accountant will make this determination.

Fair Market Value

Also known as a “True” or “Operating” lease

At the end of the lease term, the lessee can purchase the equipment for its “Fair Market Value.” If a lease is in fact considered to be a true lease, the monthly payments can be expensed, in full, each month, as a rental. If the lessee elects not to purchase the equipment at the end of the lease term, they must return the equipment to the leasing company. A Fair Market Value Purchase Option allows for “off balance sheet” financing inasmuch as it is considered a rental agreement.

If the lessee decides not to exercise the Purchase Option, the leasing company may offer to extend the rental payments for an additional period of time. The lessee then continues to make additional payments.

Lease End Residual

At the end of the lease term, the lessee has the responsibility of making the lease end payment, however, participating vendors agree to reimburse the lessee (or possibly make the payment directly) for this residual if the lessee decides to refresh the equipment with said vendor at the end of the lease term. If the lessee does not wish to upgrade, they will make the lease end payment and keep or sell the equipment. On a three year lease term, the lease end amount is usually based on 20% of the cardio equipment cost. This type of lease provides the lowest payment and is an effective lease program for keeping state-of-the-art cardio equipment in your facility.

Please consult a tax professional regarding which type of lease would be most beneficial to your specific situation.