The California Microwave Finance Program offers premier financing for all of your California Microwave capital acquisitions. TRUE LEASE (tax-oriented) Transactions can be structured as either an on-balance sheet capital lease or an off-balance sheet operating lease. Generally these structures have an end of lease Fair Market Value (FMV) purchase option.

Some reasons for choosing this structure: You have restrictive loan covenants that penalize equipment purchases. Tax wise, you are in an AMT position. You want to minimize the risk of technical obsolescence.

FINANCE LEASE Treated as a loan for federal income tax purposes, a finance lease is usually structured with a nominal purchase option such as $1 or 10% of original equipment cost. Some reasons for choosing this structure: You want ownership of the equipment. You are in a high tax bracket. You want more assurance as to the overall cost of financing. WHY FINANCE THROUGH THE CALIFORNIA MICROWAVE FINANCE PROGRAM? We know your type of company. We specialize in your industry which allows us to handle your requests more efficiently. Our expertise allows us to offer financing structures customized to meet your requirements.

We make it easier by eliminating your search process. No need to make several calls to find an interested lender or lessor. We have made that decision already. California Microwave has negotiated an attractive rate with its financing source so that all of its customers can benefit. We can turn your credit decision faster than going through standard channels...and with fewer headaches such as information requests.

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