CIT Latin America, Argentina provides custom-designed financing for a wide range of equipment, including, but not limited to:
- Information technology
- Communications
- Graphic arts
- Medical equipment
- Material Handling
- Construction
- Industrial equipment
Our two principal financing products are FMV leases and Finance leases. Both can be customized according to customer needs.
FMV Lease
The FMV Lease (or operating lease) helps businesses avoid the problem of obsolete technology, while giving them access to top-of-the line leased equipment. At the end of lease, the customer may:
- Return the equipment
- Renew the contract for the same equipment for the term of their choice.
- Purchase the leased equipment for fair market value.
Generally, the rentals payments under an operating lease are tax deductible.
Finance Lease
A Finance Lease provides a pre-negotiated purchase price for the leased equipment at the end of the lease term—usually, one additional monthly payment. Generally, the payments on this sort of lease are not tax deductible.