• $54,000 Over-the-Road Tractor
• Security Deposit: $27,000
• Net Funding Amount: $27,000
This customer leased a tractor without additional collateral equipment by putting 50% down. The security deposit was used as a cap-cost reduction to lower the net funding and, in turn, the customer’s payments. The deposit was also applied towards the purchase option at the end of the lease, so the customer did not have to pay any additional money to own his equipment.