Benefits of
Leasing
People choose to lease for a wide range of
reasons. Thanks to its flexibility, leasing can help
meet a variety of goals businesses might have. Below
are some of the more popular reasons cited for choosing
leasing to support their equipment acquisition choice.
Lease almost any kind of equipment
Machine tools, construction equipment, copiers, computers,
medical/dental equipment. From single items to an entire
office or plant. All are available through our leasing
programs.
Stay on the Edge, Avoid Obsolescence
With today’s rapidly moving technology, some equipment
can become obsolete relatively quickly. Leasing frequently
enables you to acquire the new equipment you need without
having to keep costly equipment working years beyond
its profitable time.
Project costs more accurately
You have known payments over a specified period. There
are no depreciation figures to be questioned, no varying
interest costs to be estimated. Leasing helps take the
guesswork out of budgeting.
Pay as the cash flows
Is your business seasonal, your business cycle predictable?
Why not pay for that new equipment when it is paying
for itself. Leasing is flexible: customized lease payment
schedules.
Fixed rate lease payments
No variable interest rates here. Fixed payments enable
a lessee to more accurately predict equipment costs
and cash needs.
Capital Conservation
If it appreciates, buy it. If it depreciates, lease
it. Leasing provides an alternate source of credit and
financing more suited for depreciating technology assets.
Overcome Budget Limitations
Your budget allows the purchase of only what you absolutely
require, not what your really need.
Conserve Credit Lines
With leasing, you can get the equipment you need now
without disturbing your present bank credit lines. Preserving
your bank lines for other possible uses means the same
thing to you as expanding available credit.
You gain possible tax advantages
Lease payments are often treated as fully deductible
expenses. This may mean a more rapid write off to you.
Because the lease term is generally shorter than the
depreciable life, payments can be expensed in a shorter
duration.
Competitive Advantage
Leasing can help grow your business.
Virtually 100% Financing
Practically any other financing demands a substantial
down payment, deposit or compensating bank balance.
By leasing you can quickly acquire use of the equipment
you want without major cash outlay.
To Obtain a Quick
Lease Application
For more information on Leasing Options, click
here to send us your questions.
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