The customer shows the asset on their balance sheet and is entitled to the tax depreciation.
All depreciation belongs to the customer and the asset is shown on the customer's balance sheet.
Residuals can be structured to meet the customers needs and will vary depending on the terms and type of equipment. For immediate or future financing for all your equipment needs. Available so that equipment may be added and delivered over a period of time. Usually each funding is limited to a pre-arranged minimum amount. The customer may wish to refinance presently owned equipment or current obligations, in order to raise cash, take advantage of lower rates, or restructure with more favorable terms.