Novation Vendor Services is proud to offer a variety of financing options to meet your equipment purchasing needs. We are committed to providing you and your business the most competitive and efficient service from A-Z. Our team has gone to great lengths to partner up with various financing institutions that understand our industry and customers.

Below is information on some of our available financing options.

One Dollar Purchase Option ($1 Buy Out)

This a great option for customers who ultimately want to own their equipment without incurring all of the expense up front.

The $1 Buy Out options combines the benefits of leasing and ownership at the same time. You are able to take advantage of a monthly payment schedule, while becoming the owner of the equipment at the end of the term for $1.00.

Fair Market Value Option (FMV)

Great choice for customers who are concerned about their equipment purchases becoming obsolete due to the rapid growth of today’s technology.

If you’re looking for your lowest monthly payment, then an FMV lease is the choice for you. With this lease, you’ll find that the price is right and at the end of the lease, you’ll be offered the following options:

  • Return the equipment to the financing company.
  • Purchase the equipment for its Fair Market Value.
  • Continue to lease the equipment for an undetermined period of time.

10% Purchase Option (10%)

This is a great option for customers who are unsure of their future needs.

Here’s an alternative if you want to leave your options at the end of the lease term. You will have a monthly payment that is between an FMV and $1 Buy Out option with the options to do the following:

  • Return the equipment to the financing company.
  • Purchase the equipment for 10% of the original selling price of the equipment.
  • Continue to lease the equipment for an undetermined period of time.