Split TRAC
A TRAC lease provides the lessor the opportunity to purchase the equipment at lease end via a pre-determined fixed amount (TRAC amount). The "Split TRAC" option assists with potential off-balance sheet treatment.
How you benefit from a Split TRAC Lease:
- Potential for operating lease treatment
- Pre-established purchase option
- Enables you to share in any upside proceeds gained from the sale of the equipment
- Lowers monthly payments
- Improved cash flow
- Fixed and variable payment structures
End-of-term options:
- Purchase your equipment
- Extend term and continue lease
- Return the equipment