Spafford Leasing Associates, Inc.

spafford leasing associates, inc., since 1989, has leased most types of equipment used by most businesses, large and small, including computer systems, hospital equipment, copiers, telephone systems, computer software, manufacturing equipment, for lease terms ranging from 3-7 years. all of our leases are triple net, with lessees being responsible for continued maintenance, insurance, and taxes. at the end of the original lease term, lessees may choose to (1) purchase the equipment for $1, 10%, or fair market value (fmv) (i.e. all end of lease options are negotiated at lease inception as the monthly payments reflect the option selected with fmv being the lowest monthly payment), (2) renew the lease month to month or year to year, or (3) return the equipment with proper notice to spafford leasing or its assignee which is usually a dealer/buyer in that type of equipment that spafford leasing has a relationship with. spafford leasing associates, inc. leases only to well established and cre