GENERAL QUESTIONS

What types of products does SoftLease offer?
SoftLease and Warren Capital offer a wide variety of financial services including equipment leases and loans, application-only leases, accounts receivable and working capital lines, debt placement, mezzanine financing, and loan refinancing. In addition, we offer an array of investment banking services through our affiliate, Wood, Warren, & Co.

What lease terms are available?
SoftLease offers lease terms between 2 and 5 years; however, other options and terms may be arranged for qualified clients. These include deferred payments, seasonal payments, and annual payments.

What types of equipment does SoftLease finance?
SoftLease finances all types of computer hardware and software.

What purchase options are available?
There are several types of purchase options we offer:

$1 Purchase:	You can own the equipment at the end of the lease for $1.
Fair Market Value (FMV):	This option allows the greatest flexibility because the equipment can be returned, purchased, or extended to a new lease.
Balloon Payment:	This option keeps the monthly payment low by deferring 10%-20% of the equipment cost until the end of the lease.

Can I finance any software?
SoftLease can finance all different types of software, from basic productivity packages to full ERP or CRM systems.

Can I include shipping and maintenance on a lease?
SoftLease will finance 100% of soft costs, which may include freight, installation, maintenance, training, and even taxes.

What are the minimum requirements to apply?
Any U.S. business with a valid business license can apply. Companies in business under two years are usually limited to $25,000.

May the equipment be returned at anytime?
No, the lease is a non-cancelable agreement for a specified term that you select at the beginning of the lease. Leases are available for terms ranging from 24 to 60 months (depending on equipment type), and often can be added onto or upgraded.

Does it cost anything to apply for a lease?
No, SoftLease does not charge an application fee.

How do interest rate fluctuations affect lease payments?
Interest rates will not change lease payments because the monthly payment is fixed. This makes it easier to budget for your equipment acquisition.

What are the tax benefits of leasing?
ZipLeese can structure a lease to take advantage of your specific tax situation. Contact us to discuss options available.