When might Clune consider a lease on used equipment?

There are certain considerations which factor into our decision:

  1. Is this for an Existing Customer?
  2. Is this for an Existing Vendor?
  3. How creditworthy is the customer?
  4. Remaining Life of the collateral weighed against term
  5. The degree of equipment refurbishment, if any
  6. Free and Clear Title
  7. Buying from a reputable vendor minimizes lien issues

One example of a recent lease on used equipment was for a trailer. This type of equipment is not as subject to obsolescence as certain types of "high tech" equipment.

Something in between? Just contact us and we'll try to find some way to say, "Yes."