Payment Plans

Traditional Payment Plan

Generally 36 or 60 months lease term with equal monthly payments, but other options are available. Most programs require first month, last month and documentation fee upon approval and acceptance.

Seasonal Payment Plan

Since many aspects of the golf industry are seasonal; this payment plan can be customized with lower payments during the off season and higher payments during peak season. We can structure the plan around your schedule.

Deferral Plan(60 ~ 90 Day deferred payments)
Is this the beginning of the slow season or are you starting a new program – just pay the security deposit and you will not be invoiced for 60 – 90 days after your product arrives. By that time, you should already be generating revenue.

Step-Up Rate Program
Reduce your payments for the first 12 months on 3-5 year term leases. Maximize your benefits over costs the first year of equipment use.

Buyout Programs

Fair Market Value (FMV)
At the end of the lease term, you may choose to purchase the equipment for the “fair market value” as defined in the lease agreement, renew the lease, or return the equipment to the lessor in good working condition. The benefits are lower monthly payments, however the purchase price is open ended.

10% Purchase Option (Put)
At the end of the lease term, you may choose to purchase the equipment for 10% of the original purchase price or specified amount, renew the lease or return the equipment to the lessor in good working condition. This option provides some flexibility if you are unsure of your long term plans, but you then have a higher payment at the end of the term.

$1.00 Buyout
At the end of the lease term, you may choose to purchase the equipment for $1. This option is best for equipment which will not lose its value or depreciate over time, and/or if you plan to own the equipment. The disadvantage is typically higher monthly payments.