STEP 1: CALCULATE A LEASE PAYMENT

1. Lease Factor Chart

Our Lease Factor Chart is provided to you to assist with calculating a monthly lease payment.

Monthly lease payments are calculated using the following equation:

Equipment Cost   X   Lease Factor (click here)  =   Monthly Lease Payment

STEP 2: FILL OUT APPLICATION

1. Complete a Lease Application

   1. commercial leasing (click here to download)

   2. consumer leasing (click here to download)

2. Fill out and either email to customersales@hymbas.com , mail or fax to us.

• All or specific lease term options
• All monthly payments by Credit Score or narrow the choices to display only TPC’s Premium Pricing or Midpoint Pricing

** CALCULATE RATE (use this formula):

                  Equipment Cost   X   Lease Factor (refer below)  =   Monthly Lease Payment

 

The Credit Score A is available for equipment costs between $500 and $25,000 to applicants with a minimum of 2 yrs in business

 

Credit Score		36 Months	39 Months	42 Months	48 Months	60 Months
A		0.0329	0.0308	0.029	0.0261	0.022	FACTOR

	■ One Advance Payment
	■ Fair Market Value Purchase Option
	■ Dollar Buyout Purchase Option:
	▪ Upon successful completion of the lease term, the lessee will own the asset. This option is not offered in the following states: AL, IL, MI, MN, NC, ND, TX and VT. ▪ Transactions in AL, IL, MI, MN, NC, ND, TX, and VT must have a fair market value purchase option.

 

The Standard Credit Scores are available for equipment costs between $500 and $15,000 and are available to those businesses in existence less than 2 years.

 

Credit Score	24 Months	36 Months	39 Months	42 Months	48 Months	60 Months
O	0.0479	0.034	0.0319	0.0302	0.0274	0.0251	FACTOR
P	0.0497	0.0363	0.0343	0.0327	0.0298	0.0277
S	0.0525	0.0392	0.037	0.0353	0.0324	0.0308
T	0.056	0.0435	0.0415	0.0396	0.0369	0.0352

	■ One Advance Payment
	■ Fair Market Value Purchase Option

 

Challenged Credit Scores of Q are only available for equipment with a cost of less than $7,500 Challenged Credit Scores of U are only available for equipment with a cost of less than $5,000

 

Credit Score	24 Months	36 Months	39 Months	42 Months	48 Months
Q	0.0585	0.0457	0.0438	0.0423	0.04	FACTOR
U	0.06	0.0474	0.0457	0.0443	0.042