Which Financing Structure Fits?
Loan, EFA, $1 buyout, FMV, TRAC — compared side by side, with live payment estimates. Pick the one that matches how you use the equipment.
*Estimated payments for illustration only using indicative rates (9.75% for the selected profile) — not an offer or commitment to lend; subject to credit approval. FMV/TRAC totals assume estimated end-of-term values that vary by equipment. *Lease accounting treatment depends on ASC 842 analysis — confirm with your accountant.
How to choose in 30 seconds
Want to own it and keep it forever? An EFA or equipment loan puts the asset on your books from day one — and with Section 179 you can often deduct up to the full purchase price this tax year.
Want ownership with lease-style paperwork? The $1 buyout lease is economically a loan wearing a lease jacket: fixed payments, then the equipment is yours for a dollar.
Want the lowest payment or fast-obsoleting equipment? An FMV lease keeps payments down because you're not paying for the equipment's end-of-term value — and you can walk away, renew, or buy when the term ends.
Financing trucks or trailers? The TRAC lease was built for over-the-road vehicles: a pre-agreed residual lowers the payment while keeping an ownership path open.
Tax treatment varies by situation — always confirm with your tax advisor. Elevex Capital does not provide tax or legal advice.
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