Lease a Mac
Did you know Apple offers business credit programs for small businesses? 
To avoid spending thousands of dollars for new Mac computers or iPads for your business why not apply for commercial credit with Apple Financial Services?
Currently, you can choose from three different lease options with each program offering its own unique benefits, tax advantages, and payment options.
Whether you plan to lease a Mac, iPad, or other Apple products several advantages an Apple lease offers include:
- Variety of payment plans
- Flexible terms ranging from 12 to 60 months
- Bundled packages
- Trade-in options
The three lease options you have to select from include:
- Fair market value lease – At the end of your term a fair market value lease allows you to either return all the equipment to Apple and upgrade to the latest technology, or purchase the equipment outright at its current fair market value, or extend the lease at a negotiated rate. This lease is ideal for companies who plan to upgrade every 12, 24 or 36 months and happens to offer the widest range of end of term options. With this type of lease your monthly lease payments may be fully deductible as an expense but consult with your financial or tax advisor to be sure.
- 10% Purchase option lease – A 10% purchase option lease offers the same options as a fair market value lease except that at the end of your term you can purchase the equipment at 10% of the original equipment cost rather than its current fair market value.
- $1 Purchase option lease – This is ideal for companies that want to keep their technology current while maintaining manageable monthly payments. Normally, the computer equipment qualifies for standard depreciation but you will need to consult with your financial or tax advisor. Once all payments are made, title to the equipment is yours for $1.
It is important to note that all of Apple’s leases require a minimum purchase amount of $2,500 for new equipment and $1,000 for add-ons.
Apple’s leasing program is backed by an equipment leasing company called Direct Capital. Before you complete an application it’s important to note if your corporation is less than 2 years old you will need to provide a personal credit check and guarantee. You will also need to submit trade references as part of the application process.
Leasing a Mac computer, iPads, or other Apple products can be a great way to establish lease credit and build your company’s creditworthiness.
To apply contact an Apple Authorized Reseller or visit your local Apple Retail Store.
Looking to build business credit? Become a member of my Business Credit Insiders Circle and gain access to a proven step-by-step business credit building system. A system that provides you access to lease credit, vendor lines of credit, fleet cards, business credit cards with and without a PG, funding sources and lenders that report to all the major business credit bureaus. Submit your name and email below for details and receive a free business credit building audio seminar ($597 value) =>
Marco Carbajo is a business credit expert, author, speaker, and founder of the Business Credit Insiders Circle. He is a business credit blogger for AllBusiness, a subsidiary of Dun and Bradstreet and author of “Eight Steps to Ultimate Business Credit” and “How to Build Business Credit with No Personal Guarantee.” His articles and blogs have also been featured in the SBA Community, American Express Small Business, Business Week, The Washington Post, The San Francisco Tribune, Scotsman Guide, Alltop, Entrepreneur Connect, and Active Rain.