Ontario Credit offers several lease options so businesses can select the features that are right for them. Use our Decision Matrix below to determine what lease is best for your business.

Decision Matrix

Fair Market Value Lease
10% Purchase Option Lease
$1 Purchase Option Lease
Equipment strategy Our company demands the latest technology and wants the option to obtain new equipment every two or three years. Our company needs the option to replace the equipment every couple of years, but we are concerned about the end of term price if we choose to purchase the equipment. Our company chooses to own the equipment, take advantage of the depreciation, and make low monthly payments.
End of term options
Return all the equipment to OCC and upgrade to the latest technology.
Purchase the equipment at its then current fair market value
Extend the lease at a negotiated rate.
Return all the equipment to OCC and upgrade to the latest technology.
Purchase the equipment at 10% of the original equipment cost
Extend the lease at a negotiated rate.
After all the payments are made, title to the equipment is yours.
Tax advantages The monthly lease payments may be fully deductible as an expense. Consult your financial or tax advisor. Generally, the equipment will qualify for standard depreciation as allowed by the Internal Revenue Service. Consult your financial or tax advisor. Generally, the equipment will qualify for standard depreciation as allowed by the Internal Revenue Service. Consult your financial or tax advisor.
More information For more information on the Fair Market Value Lease, please download the data sheet.  For more information on the 10% Purchase Option Lease, please download the data sheet.  For more information on the $1 Purchase Option Lease, please download the data sheet. 

Don't see the Structure you need?

If you are looking for a different structure, give us a call at 888.883.6890 or email us at sales@ontariocreditcorp.com. We are always looking for opportunities to expand our service reach, and would be pleased to discuss how we can help you.