Forklifts, $1 buyout Finance lease Sample

Equipment, leased from Valley Equipment Finance. Commenced Oct 1, 2025, ends Oct 1, 2030.

Input	Value	Source
Lease name	Forklifts, $1 buyout	Sample data
Lessor	Valley Equipment Finance	Sample data
Asset type	Equipment	Sample data
Commencement date	Oct 1, 2025	Sample data
Payment frequency	Monthly	Sample data
Payment timing	In arrears (end of each period)	Sample data
Lease term, in payment periods	60	Sample data
First payment, before escalations	1,850.00	Sample data
Escalation	None	Sample data
Escalation amount	–	Sample data
Escalates every N periods	0	Sample data
Free-rent periods at the start	0	Sample data
Lease component share of each payment	100%	Sample data
Discount rate, annual	8%	Sample data
Payments made before commencement	–	Sample data
Initial direct costs	–	Sample data
Incentives received	–	Sample data
Residual value guarantee, amount probable	–	Sample data
Ownership transfers at the end?	No	Sample data
Purchase option reasonably certain?	Yes	Sample data
Purchase option price	1.00	Sample data
Specialized asset with no other use?	No	Sample data
Remaining economic life, in payment periods	120	Sample data
Commencement near the end of the asset's life?	No	Sample data
Fair value of the asset	95,000.00	Sample data
Policy: major part of economic life	75%	Sample data
Policy: substantially all of fair value	90%	Sample data