A lease with a value of $1,000,000 is classified as which category?

A lease with a value of $1,000,000 is classified as which category?

• A. Middle-ticket
• B. Small-ticket
• C. Ultra-ticket
• D. Large-ticket

Answer: (A)

Ticket size is the value-based category used to group leases for underwriting and risk purposes. Deals labeled as small-ticket are the lower-dollar, simpler financings, while large-ticket covers higher-dollar, more complex transactions. The middle-ticket category sits between those two as a mid-range option. A lease valued at $1,000,000 fits this mid-range classification in the framework used here, serving as a bridge between small, uncomplicated deals and the higher-risk, higher-complexity large-ticket financings. Keep in mind that exact cutoffs can vary by lender, but this value is treated as middle-ticket in the given material.

Ticket size is the value-based category used to group leases for underwriting and risk purposes. Deals labeled as small-ticket are the lower-dollar, simpler financings, while large-ticket covers higher-dollar, more complex transactions. The middle-ticket category sits between those two as a mid-range option. A lease valued at $1,000,000 fits this mid-range classification in the framework used here, serving as a bridge between small, uncomplicated deals and the higher-risk, higher-complexity large-ticket financings. Keep in mind that exact cutoffs can vary by lender, but this value is treated as middle-ticket in the given material.