Types of Payment Structures
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Monthly, Quarterly, Semi-Annual & Annual Payments
AXIS allows its customers to choose the payment frequency that best fits their business needs. Payments can be set up to be billed monthly, quarterly, semi-annually, or annually.
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Seasonal Payments
Businesses that operate during specific times of the year can align their expenses with their revenues. As an example, if the business operates only 6 months of the year, payments can be structured to make payments during those months of operation, not when the business is closed.
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Deferred Payments
Not in every circumstance will the equipment being financed generate revenue immediately. AXIS realizes this and offers a deferred payment program for these situations. The lease is structured so that the initial months consist of nominal or no monthly payments.
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Step Payments
Leases can be structured to match the cash flow of a company by utilizing step payments. Payments may start off lower and then increase later in the payment schedule or they may be set up to start off higher and decrease later in the payment schedule.