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Leasing Frequenty Asked Question's (FAQ's)

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How do I apply for a lease?
Is there a maximum or a minimum lease amount?
What types of leases are available?
Do I have to give a personal guarantee for a company lease?
How do I modify a lease order?
Does a lease lock me in?
When do my payments start?
Can I add equipment to my lease once it has started?
What are my options after the end of the lease term?
Who do I contact for help?




How do I apply for a lease?
You can either apply on line at www.fame1.com or have a Fame 1 Computers, Inc. Representative fax or e-mail an application to you. Call (888) 253-5695 to contact a leasing representative.

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Is there a maximum or a minimum lease amount?
There is no maximum or minimum lease amount. Our leases start from $1 to $1,500,000.

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What types of leases are available?
We offer $ 1.00 Buyout and Fair Market Value lease options.

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Do I have to give a personal guarantee for a company lease?
The younger your business, the more likely it is that a personal guarantee will be required. However, you should also understand that the benefit of a personal guarantee is that it lowers your monthly lease payments.

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How do I modify a lease order?
Notify your account manager if an order has changed. If equipment or dollar amount changes, documents may need to be revised and signed by you and representatives of our company.

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Who can lease?
Corporations, Proprietorships, LLC's, Partnerships, Other Business Entities, Non-profit Organizations, Associations and Municipalities all benefit from leasing. We do not lease quipment to individuals for personal use (consumer leases).

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Does a lease lock me in?
Absolutely not. Our operating leases are designed to provide you with the highest degree of flexibility. At any time during the lease term, you can add, delete, upgrade, or return equipment.

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When do my payments start?
Your payments start upon acceptance or installation of the equipment. From then on, your monthly payments are due on the first of every month.

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Can I add equipment to my lease once it has started?
Yes. Adding equipment or upgrading your system is never a problem with our leases. Your additional equipment can even be billed together with your existing lease.

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What are my options after the end of the lease term?
You have several options:
  1. Purchase the equipment
  2. Renew the lease.
  3. Or simply terminate the lease and return the equipment back to us.

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Who do I contact for help?
For any questions, call Fame 1 Computers, Inc. at (888) 253-5695

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