Advantages of Renting, Leasing, and Buying

Whether you’re working on an R&D project, have an emergency or are simply unsure of the technological life or future need for equipment, then NSCA’s month-to-month rental program may be right for you.  We offer competitive rates without a long-term commitment.  If you would like to own the equipment, but don’t have the capital available for purchase, we offer a lease-to-own option.  Typical lease terms are 24 to 60 months.

Renting

Renting entails a short-term agreement or contract to use capital equipment monthly, with the rental rate decreasing as the term lengthens. In addition to a reduced financial investment, the benefits of renting include the ease of procuring equipment, shorter terms and fewer financing restrictions. Also, there’s less responsibility for repairs or maintenance, and the firm can take advantage of a current year tax deduction. As well as preserve upfront capital for emergencies or other priorities because it is only responsible for paying for the time the machine is actually being used. Contractors also can try a machine before buying it, with monthly rent credited to the purchase price.

Rental Agreement Form

Leasing

Leasing involves a long-term agreement or contract to use capital equipment for a year or more at a specified rate. Leasing offers many of the same cash flow and financing benefits as renting. Contractors also can take a current year tax deduction as a business expense, except in the case of a capital lease, in which the property is subject to tax depreciation rules. Improved asset liquidity and the ability to test equipment before purchasing it (lease-to-buy) are additional advantages.

Credit Application

Buying

Unlike renting or leasing, buying equipment enables organizations to own it outright and use it as they please because it is paid for in full through cash, financing or a combination. Overall, purchasing equipment enhances profitability because it is less expensive in the long run, especially for established businesses that can plan for equipment longevity. Ultimately, the buyer controls how the equipment is used and maintained.

Credit Card Authorization Form

Obtaining Equipment

Rent, Lease or Buy Test Instruments

Test and Measurement equipment may be purchased, rented, or leased. Our flexible financing and term options, along with an extensive inventory of state-of-the-art equipment ensure you get what you want — where, when, and for however long you need it.

1. Rent — Whether you’re working on an R&D project, have an emergency or are simply unsure of the technological life or future need for equipment, then NSCA is month-to-month rental program may be right for you. We offer competitive rates without a long-term commitment. If you think you’re going to want to buy the unit after renting, you may want to try our rent-to-own option.

2. Rent with Credit Options — NSCA offers Rental Credit Options; that allows you to put part of your rental money towards purchase. If you plan on purchasing the unit down the road, uncertain of future needs or technology or want to gain experience with the equipment before committing to a purchase. NSCA’s flexible option plans can put your rental money to work for you.

3. Lease — Our financing and term options allow you the flexibility to buy what you need today. As a partner with multiple leasing companies, we offer you the strength and financial flexibility of one of the largest lessors in the industry.

4. Buy — NSCA offers an extensive inventory of state-of-the-art equipment, new and reconditioned, from the industry-leading manufacturers.

5. Business StatusNSCA is a Service Disabled Veteran Owned Small Business (SDVOSB).  Our first priority is to furnish you with quality test and measurement equipment, as well as instrument calibration and repair services.  With our SDVOSB status, you may enjoy the benefits of receiving quality products and services WHILE meeting your Federal and DoD SDVOSB goals, VOB (Veteran Owned Business) goals, or SB (Small Business) goals.

Reconditioned Test Equipment for Sale
NSCA offers a complete selection of reconditioned instruments at substantial savings over manufacturers’ suggested list price. Because these products have been maintained under our strict NIST-traceable schedule, you can count on reliable, fully tested and calibrated instruments every time.

New Test Equipment for Sale
W
e are a distributor for quality manufacturers. Our sales specialists are ready to help you choose the products that are right for you.

 

NSCA Test & Measurement Equipment Terms and Conditions

Certifications

  • Validity – Quoted prices are valid for 30 days.
  • Accessories – All required accessories are included in our quoted price unless stated.
  • Calibration – Unless otherwise described, NSCA equipment rentals and purchases come with a National Institute of Standards and Technology (NIST)-Traceable Calibration performed by Tra-Cal. Tra-Cal is accredited as an ISO/IEC 17025:2005, ANSI Z540.1, and ANSI Z540.3 Certified Laboratory. We offer ANSI-Z540 and ISO/IEC 17025: 2005 level Calibrations, with Detailed Data, and Uncertainty Computations at an additional price.
  • Shipment – Unless otherwise noted, freight terms are FOB shipping point, Gaithersburg Maryland. Shipping costs will depend upon your shipment location, method and speed of shipment. We will quote and add the shipment costs at the time of order placement.
  • Export – Any equipment being exported may require an export license. NSCA Technologies may be able to assist you with export licensing. Please let us know if you need this assistance.
  • Equipment – Unless otherwise noted, all equipment quoted is refurbished.
  • Warranty – We stand behind our products. NSCA guarantees all products that we sell or rent to meet manufacturers’ specifications at the time of shipment. Unless otherwise described, we warranty all refurbished products purchased from NSCA for 90 days. New products carry the full original equipment manufacturer (OEM) warranty. Please call NSCA Customer Service for your equipment requirements maintenance, calibration, and instrument repair needs.
  • Payment – Payment terms are Net 30 days. Visa, MasterCard, and American Express are accepted. All prices quoted include a discount for cash, check, wire transfer, or net terms.
  • Federal Acquisition Regulation (FAR) Clauses* – The following FAR clauses are applicable to acquisitions from NSCA:
    • 52.219-6, Notice of Total Small Business Aside
    • 6.302-1, Only one responsible source and no other supplies or services will satisfy agency requirements.
  • North American Industry Classification System (NAICS) Code* – The applicable NAICS code is 334515 and small business standard size is 334515. Offerors must be registered in the System for Award Management (SAM).

*NSCA Technologies recognizes applicable requirements and certifies that they are in compliance.

A. Rental Terms:

Credit card is the preferred method of payment for companies doing business with NSCA for the first time, or if it has been a year or more since the last transaction. In addition, these companies will be required to have a method for insuring the value of the equipment. Bank and trade information shall be submitted with the purchase order. Large companies with a good credit rating are an exception to the above requirements. Rental rates are based on the period of the rental. Rental Agreement must be signed prior to equipment delivery. Company is responsible for freight and insurance FOB our dock and return. Late returns are billed biweekly. Company is liable for equipment returned damaged, with operational problem caused by the company, or not returned. Company will be responsible for the monthly rental fee until equipment is placed into the NSCA rental inventory.

  • Conditions: Equipment comes with all manufacturer-specified accessories. All prices quoted include a discount for payment by cash, wire transfer, and net terms. All equipment shipped by NSCA shall be insured through the freight company. Customer shipping on their own account and self insured, must submit a letter stating that they are responsible for the equipment once it leaves our Gaithersburg, MD dock.

B. Rent-to-Buy Terms:

All terms specified in Part A. (Rentals). In addition, a percentage of each month’s payment prior to purchasing the unit will be credited from the final sale price.

  • Conditions: Equipment comes with all manufacturer-specified accessories. All prices quoted include a discount for payment by cash, wire transfer, and net terms. All equipment shipped by NSCA shall be insured through the freight company. Customer shipping on their own account and self insured, must submit a letter stating that they are responsible for the equipment once it leaves our Gaithersburg, MD dock.

C. Lease-to-Buy Terms:

Lease-to-Buy Program allows the customer to buy the unit(s) in equal monthly payments over a specified period from three (3) to 60 months. Most terms are passed on a one dollar ($1) or ten percent (10%) buy-out price. There are three (3) programs for leasing:

  1. NSCA will finance the lease, not to exceed 12 months
  2. NSCA can refer customer to a leasing company, or
  3. Customer can select their own leasing company

NOTE: In Items 2 and 3 above, the lease agreement is between customer and the leasing company, NSCA cannot be held liable. NSCA standard warranty period applies.

  • Conditions: All equipment sold or lease-to-buy comes with a full 90-day parts and labor warranty. Extended warranties are available. Equipment comes with all manufacturer-specified accessories. All prices quoted include a discount for payment by cash, wire transfer, and net terms. All equipment shipped by NSCA shall be insured through the freight company. Customer shipping on their own account and self insured, must submit a letter stating that they are responsible for the equipment once it leaves our Gaithersburg, MD dock.

D. Purchasing Terms:

Credit card is the preferred method of payment for companies doing business with NSCA for the first time, or if it has been a year or more since the last transaction. Bank and trade information shall be submitted with the purchase order. Wire transfer or COD are also accepted payment methods. Large companies with good credit rating are an exception to the above requirements credit payment is 30-day-net, unless agreed on by NSCA. Net-30-day terms will be available based on end-user’s credit history with NSCA.

  • Conditions: All equipment sold or lease-to-buy comes with a full 90-day parts and labor warranty. Extended warranties are available. Equipment comes with all manufacturer-specified accessories. All prices quoted include a discount for payment by cash, wire transfer, and net terms. All equipment shipped by NSCA shall be insured through the freight company. Customer shipping on their own account and self insured, must submit a letter stating that they are responsible for the equipment once it leaves our Gaithersburg, MD dock.