Water Equipment Leasing

What Can Be Covered in the Lease?

Our water filtration equipment leasing program goes above and beyond to supply you with everything you need to produce water for your business, including:

• Equipment: New and used water treatment equipment is available for lease through Complete Water Solutions. This includes Water Softeners, Reverse Osmosis Systems (RO Systems), UV Systems, CEDI/EDI, Ultra Filtration, Filters, Media Filters, and much more!
• Installation: In order to save time and money for our customers, we can include installation services with our equipment leases.
• Freight: If your equipment needs to be transported great distances, freight and shipping costs can be included with your lease.
• Spare Parts: When you’re faced with a sudden repair on your leased equipment, the last thing you need to worry about is cost. That’s right – Spare parts can be included in your lease!
• Training: Training on your water treatment equipment can be included in your lease. Our team of technicians will ensure you are comfortable operating your leased equipment and know all the relevant information for your water system to keep things running smoothly.

Water Equipment Leasing Terms

In every service and product we provide, we aim to help you understand the process from start to finish. Our leasing program is no exception. We want to give you the information you need to make the right decisions for your business.

If you’ve never leased equipment before, here are some terms you should know:

• End of Lease: Options stated in the lease agreement that gives the lessee flexibility in its treatment of the leased equipment at the end of the lease term. Common end-of-term options include purchasing the equipment, renewing the lease, or returning the equipment to the leasing company.
• Lessee: A lessee is a person who leases the equipment from a lessor. The lessee must uphold specific obligations as defined in the lease agreement.
• Lessor: A lessor is the owner of an asset that is leased under an agreement to a lessee. The lessee makes a one-time payment or a series of periodic payments to the lessor in return for the use of the asset

Water Treatment Equipment Leasing – How You Can Benefit

Purchasing new equipment outright is not the only way to get a new water treatment system. Leasing water treatment rental equipment from Complete Water Solutions can benefit your business in several concrete ways, including increased efficiency, freed-up capital and monetary savings.

Upgrade With Leased Equipment

It has been a long-standing tradition that many of us want to see the “payback” or “savings” from upgrading or replacing our water treatment equipment. While it may not be true for every situation, many customers see immediate results by upgrading or replacing their existing water treatment equipment.

Over time, older systems may cost more to operate and maintain. Quickly improve your efficiency and save money by replacing an older existing system that has become less efficient or productive.

You can also see significant savings by upgrading to a more advanced system than the one you have in place. For example, upgrading from a water softener to a reverse osmosis system can have many benefits, including:

• Lower TDS / Conductivity
• Lower Blow Down
• Reduced Chemical Usage
• Higher Cycles
• Reduced Energy Usage

Leasing reverse osmosis systems and other equipment allows you to upgrade your equipment at a lower cost more frequently. Stay on top of the latest technologies by leasing the newest model every time there’s an upgrade available.

See Quick Positive Payback

There have been many ways to gauge the payback and to determine whether or not it is feasible to complete. A long-standing tradition has been a “2 Year Payback”. If the project costs can be recuperated within 2 years or less using the “savings”, then you were on the right track to getting your water treatment project approved. This kind of water treatment project typically gets put under a “Capital Project” and can take years to reach approval.

Then there is the leasing option –

With leasing, you can realize your savings or see savings from day 1 of installation.

For example, if the RO System installed costs $350.00 a month (leased) and the realized savings is $500.00 a month – then by the end of the year you will have achieved a savings of +$1,800.00.

From year 1 you will see a positive payback. See for yourself in the table below!

What Can I Expect During the Application Process?

Our equipment leasing specialists will guide you through the process of filling out your application. What you should expect from the process will depend on the total value of the lease.

Those submitting a 250K (or less) application should expect the following:

• 4 hour turnaround time
• 24 – 72 months
• Term length
• Up to $250k Application-Only Limit

What Will I Need to Provide?

Be prepared for your lease process by knowing what you need to provide for approval. Some smaller lease amounts won’t require much paperwork, but higher numbers require extensive financial documentation for approval.

Under $250,000 – A One-Page Form

For smaller lease amounts, there’s no need for tax returns or financial statements.

Over $250,000 – A One-Page Form plus the following:

• Write-up – Overview of Organization (2 pages max – plus brochures and/or resumes)
• Write-up – Purpose of Equipment & Financial Justification of Acquiring Equipment
• Last 2 Year-End Financial Statements and Current Interim Financial Statement
• Last 2 Year Tax Returns (unless Financial Statements are Audited or Reviewed)
• Last 2 Year Tax Returns on all entities and principals owning 20+%
• Current Financial Statement on all entities or principals owning 20+%
• List of current Loans and Leases (include lender name, account number, and phone number)

Large lease agreements require more information. Please have this information available throughout the leasing process.