About Equipment Leasing & Financing

About Equipment Leasing & Financing

TimePayment offers leasing, an affordable means of equipment financing, to a wide range of customers - including new businesses. We specialize in transactions with an equipment cost starting as low as $500, and are leaders in industries such as water quality, security systems, office equipment and more.

Types of Equipment Leases Offered By TimePayment

Fair Market Value

TimePayment's Fair Market Value (FMV) equipment lease solution provides for the lowest payments possible, while delivering access to critical equipment for a defined period of time. At the end of that period of time, and after all scheduled payments have been made, the Lessee (user of the equipment) can take advantage of one of three options: return the equipment, purchase the equipment for a specific amount or rent the equipment on a monthly basis.


Lease-to-Own is a financial services solution that provides for ownership of the equipment following the receipt of all scheduled payments. Technically, the lease payment for a Lease-to-Own contract is calculated over a period of time that is three months less than the typical lease term, (33 months vs. 36 months) and the last three payments that are made encompass the purchase of the equipment. Payments are more expensive than a FMV transaction, however, the Lessee owns the equipment outright once they make the additional three payments to purchase the equipment.

$1 Buyout

$1 Buyout is similar to Lease-to-Own in that ownership is passed after the last payment has been made, however the full term of the contract is utilized to calculate payments, and there is only a single dollar payment requirement to be made at the end of the contracted lease period.

Need a Quick Estimate?

Try our new QuickQuote™ Lease Calculator Tool!

If you're considering financing or leasing your equipment purchase with TimePayment, you might be looking for a quick, "ballpark" estimate to get a better understanding of how affordable your monthly payment would be - before you take the time to complete an application.

The monthly payment prices quoted assume strong credit, use a 60 month term, and are for demonstration purposes only. Please complete our fast and easy, no-obligation equipment lease application if you would like your exact finance options.

Click to try out the Quick Quote Lease Calculator Tool.
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