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Programs for Your Needs

We offer a variety of lease terms, structures and options to fit your budget and the needs of your company. We will tailor a program that allows your company to make affordable lease pay­ments while enjoying the many benefits of your new equipment.


$1 Purchase Option

At the end of the lease term, title to the equipment is transferred to the customer at no charge.

10% Purchase Option

At the end of the lease term, the lessee may purchase the equipment for 10% of the original pur­chase price. This option allows for lower monthly payments throughout the term.

Fair Market Value

At the end of the lease term, the lessee can purchase the equipment for its "Fair Market Value." This option allows the customer to "expense" the monthly payments as a rental, and is considered "off balance sheet" financing. 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.

Lease End Residual

At the end of the lease term, customer has the responsibility of making the lease end payment. However, participating vendors reimburse the customer or make the payment directly, provided customer refreshes the leased equipment with same vendor. If the customer does not wish to refresh they make the lease end payment and keep or sell the equipment. This type of lease pro­vides the lowest monthly payment and is an effective program for keeping state-of-the-art equip­ment in your facility.

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


Equipment Finance Agreements are loans. The primary difference between a lease and a loan is that the customer retains title to the equipment, and the lender places a lien against the equipment. The lien is released when the loan is satisfied. EFAs are often used to finance motor vehicles or other types of equipment that present a potential personal injury liability to the lender.


Refinancing allows businesses to utilize accumulated equity in existing equipment for working capital, debt consolidation or even business expansion. By consolidating multiple loans into a single and seamless loan, companies can drastically reduce their monthly expenses.

Municipal Leases

Macrolease offers municipal leases to city, town and state entities that wish to acquire new or used "essential use" equipment. This program allows municipalities to leverage the purchasing power of their current appropriations by the length of the lease term.

SBA Loans

Macrolease also offers U.S. Small Business Administration's 7(a) Loans. Through our parent bank, BankRI, we are able to deliver Preferred SBA Lender services to our customers. As a preferred SBA Lender we provide efficient turn­ around times, and in-house credit decisions and funding. This program is ideal for the borrower seeking longer term financing, new club/store financing and business expansion projects.

Other Programs

Interest Only Payments

"Interest only" payments for three to six months can be obtained, subject to credit approval.

Tiered Payments

This program addresses a lessee's particular cash flow requirements. Payments are structured to start out low and increase during the lease term.

Skip Payments

This program addresses the seasonal nature of a customer's business. Payments are structured to accommodate yearly seasonal fluctuations in income.

We offer a range of terms, structures and options. We ask questions in order to determine which program best fits your needs. Our goal is not to simply write leases but, rather, to find the best solutions.

Debbie Lange, Executive Vice President – Sales