Frequently Asked Questions
What is the process for applying?
You can apply in-store with an Apple employee or online. All lease applications are submitted to our lessors for credit decisioning and approval. Minimum order of 2 units or $1000 to qualify.
Who is eligible for Business Financing?
A business customer who has signature authority and has been operating a business for at least six months. If your business has been operating for less than four years, a personal guarantee may be needed.
Can I refresh my equipment before the end of my term?
Mac, iPad, and iPhone are on a 24-month fair market value lease. You can refresh your equipment early for a fee or refresh your equipment at the end of your lease term for no additional costs.
What are my options at the end of the lease?
At the end of your lease term, you have the choice to return your equipment and refresh with new, in stock equipment under a new lease, purchase your equipment from the lessor for the current fair market value, or return your products to the lessor and close out your lease. You can also continue to rent your existing products after the end of 24 months by making monthly rental payments.
What if I need a different term?
You can contact our business team in store or over the phone for 12 or 36 month lease options.
Can I choose a different model, color, or storage capacity when I refresh my equipment?
When you refresh your equipment, your existing lease ends and you simply begin a new one. The monthly cost may increase or decrease depending on the products you chose in your plan.
Will I be charged any additional fees?
There are no additional fees for your business financing lease. Taxes will be calculated and billed by the lessor. If you do not return your equipment in the condition required by the lease, the lessor may charge you in accordance with the terms of the lease.
What if my product gets damaged during the lease?
All Mac, iPad, and iPhone models are covered by AppleCare. You can use your AppleCare service coverage for all damage covered by AppleCare.
What products qualify for Business Financing?
All Mac, iPad, and iPhone models are eligible to lease. Accessories can also be bundled into the lease for an additional cost per month. Apple TV and all Apple Watch models are not eligible to lease at this time.