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FAQ

How do I submit an application?
You can submit your application on the web ; fax, 801-606-3009; or phone 1-805-XXXX or you can contact your DirectPointe repersentive.

What happens to the equipment at the end of the lease term?
It's your choice. We offer a wide range of options which can be tailored to your needs. Not only can you purchase the equipment at fair market value or at an agreed upon percentage of the original cost, you also can purchase the equipment for $1.00 or simply return it to us. Check out our leasing options page to find out more. (link to leasing options)

Is there a tax benefit associated with leasing?
Absolutely - in many cases, lease payments are tax deductible (you should consult a tax advisor to see if your lease qualifies). These tax benefits, along with the fact that leasing helps your cash flow, while also allowing you the opportunity to keep equipment up-to-date, are the primary reasons why people today are increasingly leasing technology for their companies. (link to tax advantages)

What is the "fair market value" of the equipment and how is it calculated?
Fair Market Value, as it applies to the purchase option in a lease, is the dollar amount that the equipment can be sold for on the open market at the end of the lease. Because market conditions change over time, this dollar amount varies and must be quoted at the end of lease term.

Am I responsible for obtaining insurance on the equipment?
Yes, insurance is required for all leased equipment. Although, not to worry - we provide comprehensive customer service and can establish your insurance policy for you, at the start of the lease. You can also opt to use InsurPointeTM at anytime.

Can I cancel the lease?
Although the lease contract can not be canceled, a DPFS offers great flexibility. Our representatives will work with you to further customize or adapt the existing lease to meet your changing needs.

Can I add equipment and additional user to my lease?
Yes, we can easily add equipment and additional users to your lease with our simple approval process and one page schedule. Also, this may be done without extension to the term of your existing lease.