TRAC Lease Program

Get a fixed purchase option for your commercial vehicle at lease end!

A Terminal Rental Adjustment Clause (TRAC) program is an open-end lease limited to motor vehicles and trailers. TRAC leases are unique in that federal tax rules permit a Rental Adjustment (cash rebate or deficiency) back to you at lease termination and still be considered a "true tax" or operating lease.

At the beginning of the lease, you and Beacon Funding will agree on a lease-end purchase price which will determine your monthly payments. At the end of the lease, you can purchase the vehicle for this amount, or turn the vehicle in and be eligible for a Rental Adjustment.

PROGRAM EXAMPLE

Commercial Vehicle Sale Price: $75,000 End of Lease Purchase Option: $15,000 End of Term Fair Market Selling Price: $20,000 Terminal Rental Adjustment: $5,000 Cash Back

* TRAC lease only available on qualified motor vehicles and trailers.

" Even our commercial banker, with whom we have a great relationship, suggested and endorsed our decision to fund the equipment through Beacon Funding. "
- Campus Classics, Inc.  IN

" helped me get the piece of equipment needed to grow my business "
- Progos LLC  NY

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