Leased or financed equipment provides many benefits for short and long term needs:   Equipment Rapid Depreciation   100% Tax Deductible   Protection Against Obsolescence   Overcome Budget Limitations   Obtain 100% Financing   Conserve Operating Capital   Meet Unique Financing Needs   Possible Tax Benefits Technology changes so rapidly, and your computer equipment can become obsolete in less than two years. The IRS mandates companies to depreciate equipment over a five year span. Leasing expenditures are immediately 100% deductible, and you get your tax deductions much sooner. You also won’t find yourself buying new systems before you’ve finished depreciating your old ones. Leasing offers you access to the latest technologies, thus increasing your overall productivity.

Who can Lease equipment from HyperFormance? Any person, company, organization or association. When do my payments start? An advance payment is typically due at the time of delivery and installation. You will receive an invoice each month thereafter, typically 10 days before the payment is due. Are there warranties on the equipment? Yes, the equipment is covered under the manufacturers standard warranties. Extended warranties may be purchased from many manufacturers, and included in your lease. Am I responsible for insurance? Yes. Insurance is required for all leased equipment. You would handle all insurance requirements as if you had purchased the equipment outright. What is a “Fair Market Value” purchase option? “Fair Market Value” is the price for which the equipment could be sold in a transaction between unrelated parties. The determination of Fair Market Value is made in light of current market conditions. Can I cancel the Lease? A lease is a non-cancelable contract. However, the flexibility of your lease will typically allow you to add equipment to your existing lease should your requirements change. Can I move the leased equipment from one location to another? Yes. However, formal notification is required. Please call, e-mail, or fax this information to your HyperFormance account representative. Can I trade in the Compaq equipment currently on my lease for newer equipment? Yes. This is one of the major advantages to leasing. If you know that you are going to have this requirement in the future, you can have this feature specified in your lease. Can I add equipment to my lease? Yes. A Lease allows you to add equipment to your contract, with no additional money down and no extension to your terms.