ADVANTAGES OF LEASING
Tax Deductible. A lessee may be able to deduct their monthly lease payment as an operation expense.
Terms to suit your needs. Leasing, which is simply dollars-per-month financing, helps fit a monthly payment into your budget, which can be flexible, depending upon the lease term.
Provides 100% Financing. You may include maintenance/service contracts, freight, installation charges, software, training, and other related equipment.
Fixed Payments. Monthly payments on a lease are generally fixed for the entire term of the lease. This enables you to budget and manage equipment dollars for the months or even years ahead.
Protection of Financial Ratios. True leases are a means of off-balance sheet financing and are frequently noted only in footnotes. Leasing can preserve a company's borrowing capacity.
Leasing provides a hedge against inflation. New and up-to-date equipment is obtained today and paid for with tomorrow's dollars.
Third source of financing. Rather than tying up your bank line of credit or using operating funds, with leasing you have established an additional line of credit.
Little or no down payment. Special programs reflect the financing needs of specific industries. Small up-front costs make leasing very attractive.
Purchase options are available. At the end of the lease, you may purchase the equipment at an agreed upon option or simply return the equipment.
Leasing is popular. An estimated 80% of U.S. companies lease, and that percentage covers the widest spectrum of the industry, from start-up companies to old, established corporations. As companies grow larger, their need for a variety of financial services also grows larger.
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