What Is Leasing ?

Leasing is a method of financing equipment purchases. Through leasing, one may arrange to pay for new equipment through a schedule of monthly payments. Terms generally run from 2-5 years.

Does Malahide Carry The Lease ?

Generally no. 98% of the leases we write are carried by third party lending institutions.

Do I Own the Machine at the End ?

If ownership is important to you, most leases include a Buyout option in the contract of either $1, 10%, or market value.  By opting for a $1.00 buyout at the end of term, you are effectively buying your machinery on an installment plan.

What Will My Interest Rate Be ?

This varies from client to client and depends on a number of factors including market conditions, length of term and credit standing.  All prices shown on this web-site are estimates only that do not constitute an offer of sale.

What Are My Obligations ?

Like any contract, a lease has specific conditions that must be met. Generally, provided the machinery is kept insured and all the payments are made on time, leasing should be a trouble-free proposition. You must however, meet these two conditions.  Unlike a bank loan, there is no benefit to paying out a lease early.

What Are Malahide's Obligations ?

Upon your approved credit application, Malahide will ship & deliver the specified equipment. Once you have confirmed delivery and acceptance of the equipment, all our standard warranties and service provisions apply

Whether leased or purchased outright, every Malahide customer receives the same high standard of service.
 

Who Is Eligible to Apply ?

Leasing can prove to be a valuable source of capital for both established businesses, and start-up ventures in which the owners have strong personal credit and a sound business plan. 
   

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