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NEC FINANCIAL SERVICES, LLC
1 PARK 80 PLAZA WEST
SADDLE BROOK NJ 07663-5806
TEL: (800) 451-5361
FAX: (800) 451-5360
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http://www.neclease.com
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100% Financing
NEC will help you finance your complete technology environment, from hardware to software and everything in between.
Purchase Options
Depending on equipment type and lease terms, purchase options available can be negotiated and include $1.00 option, 10% option and Fair Market Value
Flexible Terms
Depending on equipment type, lease terms can be as short as 12 months or as long as 6 years.
Master Lease
To offer complete flexibility in lending, NEC can provide you with a Master Lease form, into which multiple schedules can be incorporated for each category or unit of equipment. The Master Lease structure enables NEC to offer central or multiple location billing, multiple lease terms and purchase options, which can be customized for various groups of equipment.
Convenience
NEC Financial Services Leasing Solutions are convenient because they combine diverse units of equipment and systems into one flexible, all-inclusive Master Lease Agreement. You retain the ability to segregate units of equipment or systems into separate lease schedules, enabling you to more precisely monitor and identify each category in the future.
Flexibility
Customized Leasing. By providing separate lease schedules, NEC can individually tailor the financing terms of each category of equipment to meet your specific needs. In other words, one schedule might have a 5-year term, while another has a more appropriate 3-year term. Purchase options can vary by schedule.
Customized Billing. Another advantage to multiple schedules is that the billing location for each schedule can vary. This is advantageous when costs need to be allocated to separate departments, divisions or budgets. Master billing can still be provided.
Multiple Installations. Separate schedules also enable you to commence the lease on part of the entire purchased system or systems, while the balance of equipment is still pending. You can begin payment on the schedules of received equipment, without having to wait until the entire order has been shipped. This is often preferred or required by equipment suppliers.
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