Our products and services

Products / Services

Quantum offers a variety of lease financing plans depending on the customer’s needs and the type of collateral being financed.

$1.00 Buy Out
This plan is a capital lease and considered an installment sale. Title to the equipment transfers to the customer at the end of the original term for $1.00. Customers most often choose the $1.00 Buy Out if they prefer the benefits of ownership and they are confident that the equipment will remain useful after the original lease term has expired

10% Balloon / PUT
This plan is considered a capital lease and an installment sale just like the $1.00 Buy Out plan but the customer pays 10% of the original lease amount at the end of the original term instead of $1.00. The balloon or “PUT” payment is required and is NOT an option. This plan suits customers who want to lower their monthly payment but are certain that they want to take equipment title at end of term

10% Purchase Option
This plan provides customers with a fixed price purchase option at end of term that is not mandatory. Customer may return the equipment at end of term. This plan is not available for all types of equipment and term lengths and is best suited for customers who want the flexibility to purchase the equipment at the end of term for a determined price or the ability to return the equipment.

Fair Market Value
This plan is best suited for customers who prefer the benefits of equipment use rather than the benefits of equipment ownership. At the end of the term, the customer has three options:

  1. Return the equipment
  2. Renew the lease
  3. Purchase the equipment for Fair Market Value

This plan is available for only certain types of equipment

Rental Agreement
This plan is offered through qualified vendor partners where customer does not have the ability to purchase the equipment at end of term. Equipment is returned to vendor at end of term or the Rental is renewed. This plan is designed for customers who prefer equipment use and have no interest in equipment ownership.

Some of our custom plans for qualified customers to meet specific budgetary requirements include:
Zero Advance Payments, Step Payments, Seasonal, Quarterly, Semi-Annual, and even Annual Payment Plans

Vendor Pre-Funding
Advance payment deposit to qualified vendor partners at order prior to equipment or software installation