Westover Financial

Phone: 800.982.5868 Fax: 800.982.5869

400 N. Tustin Ave., Suite 140 Santa Ana, CA 92705

Q&A - Specific

	Credit -	Jaimie Haver
	Documentation -	April Martinez
	Funding -	April Martinez
	Application Status -	Jaimie Haver

Q&A - General

MOST OFTEN ASKED QUESTIONS ABOUT LEASING

Why do 80% of American companies Lease?

Leasing is the smart way to add the systems, machinery, or furniture to meet your business needs.

100% financing of equipment.
Leasing plans are available which offer fixed payments geared to match your business' cash flow.
You have access to the equipment you need without making a large down payment or impacting your available lines of credit.
Leasing equipment may actually cost less in after-tax dollars than an outright purchase.

Who can Lease?

Any company, organization or association. Westover Financial cannot lease equipment to an individual for personal use.

Is a down payment required?

No. Typically one or two advance payments are required.

Can the lease be cancelled?

No, but the equipment can be traded in for new, leased equipment before the expiration of the initial term.

Can I lease used equipment?

Yes. Westover Financial will lease certain types of used equipment for up to 7 years.

What about insurance?

For the protection of both Westover Financial, as owners of the equipment, and of our leesees, who need the equipment for their business operations, we require that the equipment be insured. Insurance can be provided by the lessee's insurance company or a company referred by Westover Financial.

What are the terms?

Terms are available from 24 to 84 months on most equipment. Please be sure to specify the requested term on the application.