Let's look at leasing.
If you have been looking through this site already, then you probably know that we are not very fond of leasing. Leasing is a long term commitment to payments on equipment that you will typically need to buy out at the end for ten percent of the total payments or so. It adds up to a lot more money than you might think so consider carefully.
If your finances are so tight that the only way you can get going is to lease, you might do it, but we don't think it is your best option. Also, credit is a factor. If you don't have good credit the charges can go higher. We could set a merchant up with a used terminal printer system for less than $200.00 .
Unless you are leasing multiple pieces of equipment or a fancy wireless terminal, you should never pay more than $29 per month on a lease. Most of the time we lease for $19 to $24 per month. Most leases are for 48 months. ATM machine leases are often 60 months because of the higher cost of the equipment.
Bottom Line - Don't lease, but if you have to, don't pay too much. Remember, no matter what you are told by some sales person, leases are non-cancellable.
As a merchant account provider, Acceptance Services will always inform you thoroughly about your options and help you select a credit card processing account that is the most economical and efficient for your Point of Sale (POS) set-up. With so many years of experience in successfulling helping businesses get their merchant accounts, our well trained customer service representatives would also be able to select a suitable credit card machine or credit card terminal to match your business needs.
