When do my payments start?
	Depending on the specifics of your contract, your first payment is due either at the time of delivery and installation or approximately 30 days after delivery. You will receive an invoice each month for the term of your lease.
	What about Warranties?
	All vendor's warranties are passed on to you, the customer.
	How are service and repairs on the lease equipment handled?
	Your authorized equipment reseller will handle repairs and service in the same manner as if you had purchased the equipment. In-warranty service and repair costs are covered by the manufacturer. You are responsible for out-of-warranty work.
	How long does it take?
	Leasing is very quick. Requests up to $50,000 can be approved in a couple of hours from receipt of the credit application. Documents are overnighted, hand-delivered, or e-mailed to the customer. The purchase order is immediately faxed to the vendor once documents have been received.
	Does the equipment have to be new?
	No, Summit leases both new and used equipment.
	What is the minimum lease amount?
	Approximately $2,000.
	Am I responsible for insurance?
	Yes. Insurance is required for all leased equipment. You handle all insurance requirements just as if you had purchased the equipment outright. We require that you send proof-of-insurance documentation to us for our files.
	What is the interest rate?
	A lease is not the same as a loan, so your payments do not include an interest rate. Instead, a "rental rate factor" is multiplied by the basic cost of the equipment to determine your monthly lease payment.