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Equipment Leasing Programs

Your Midwest Source for Commercial & On-Premise Laundry Equipment

D&M Equipment Company offers lease programs for equipment through Dexter Financial. Leasing equipment presents a beneficial option for those who prefer the tax advantages leasing provides as compared to note financing. As well as are expecting a different equipment mix in years to come than their current needs. Which makes leasing a considerable option for certain applications of on-premise laundry rooms.  

Leasing Parameters via Dexter Financial

  • Replacement equipment projects may qualify for financing up to 100 percent of list price (including freight, delivery, installation, tax, etc.).
  • Leases will be written for terms of 24, 36, 48, 60, 72 or 84 months.
  • Minimum amount financed is $3,000.
  • Minimum amount financed for term exceeding five years is $75,000.
  • First and last lease payments remitted in advance.
  • Monthly payment will be set up on automatic draft from bank account.
  • Leases may be prepaid in full at any time. Prepayment amount is determined by discounting the then remaining obligation as per lease agreement. Partial prepayments are not accepted.
  • Leases may be assumable by a third party, subject to Dexter Financial Services approval. However, original lessee remains obligated until lease is paid in full.
  • Landlord waiver and consent form required for transactions greater than $75,000, but less than $150,000.
  • Agreement to assign real estate lease required for transactions greater than $150,000.
  • Proof of insurance and copy of building lease required for transactions greater than $75,000.
  • Dexter manufactured equipment must represent at least 75% of equipment package.


Fixed Payment
Leasing establishes a fixed monthly payment for the duration of your lease. Changes to prime rate do not affect the monthly payment of a lease.


Purchase Options
Leases are written with one of three purchase options; $1, 10 percent or fair market value (FMV). With a $1 purchase option, title to the equipment is transferred to you for $1 upon satisfaction of contracted monthly payments. With a 10 percent purchase option, you pay a reduced amount monthly, but then must pay 10 percent of the original lease amount to obtain the equipment title at the end of your lease. FMV purchase option leases are very similar to 10 percent purchase option leases. However, upon satisfaction of monthly payments, you may obtain the equipment title by paying the then FMV. These leases are commonly referred to as true leases for tax purposes. You may choose any of the above options, but must do so prior to the documentation stage.


Deferred Payments
Within our leasing programs, we have a 90-day deferred option. This means your second payment would be due approximately 120 days from inception of lease. Lease payments for this program are slightly higher than those for a standard lease with a corresponding term.


Learn more about Leasing and Dexter Financial Here

Call Toll Free: 800.926.8230

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Additional Financing Programs