TRAC Lease
Terminal Rental Adjustment Clause (TRAC) Lease
A TRAC Lease is a tax-oriented lease that provides the lessor the opportunity to purchase the equipment at lease-end via a pre-determined fixed amount (TRAC amount).
How you benefit from a TRAC lease:
- Pre-established purchase option
- Enables you to share in any upside proceeds gained from the sale of the equipment
- Lower monthly payments
- Improved cash flow
- Fixed and variable payment structures
End-of-term options:
- Purchase your equipment
- Continue leasing
- Return your equipment