info@noreastcapital.com

410-268-5588

Factor Update

What is a Monthly Payment Factor Update?

The customer’s monthly payment is determined by multiplying a Lease Rate Factor by the equipment cost. Lease Rate Factors may change as interest rates move up or down. As an Equipment Vendor / Dealer partner of Noreast Capital Corporation, we will be glad to provide you a monthly rate factor sheet to keep you as competitive as possible in this ever changing market.

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