Why Lease?

Leasing facilitates the acquisition of needed equipment immediately, while retaining the use of working capital.

• Leasing equipment leaves your capital intact.  You can meet equipment requirements and still have cash on hand for purchasing inventory, implementing new marketing programs, etc.

Leasing provides an additional source of credit.

• As a lease is independent from other sources of financing, it extends credit limits, leaving more traditional sources open, should they be needed.

Leasing links equipment cost to revenue flow

• Leasing allows you to acquire equipment now and to pay for it while it is generating revenue or protecting your profits.

The equipment pays for itself.

• Leasing helps reduce obsolescence and promotes upgrading.  Technical advances can render equipment either obsolete or outdated in a relatively short period of time.  In other instances, the growth of an organization outpaces technological needs.  The flexibility of leasing makes either situation easy and economical to handle.

Tax Benefits.

• Typically, lease payments are an operating expense and 100% tax deductible, purchases are not.

Leasing facilitates budgeting.

• When needs arise after capital budgets have been set, equipment can be financed out of operating budgets.

Leasing simplifies bookkeeping.

• Lease payments can be easily allocated to their proper departments.  Sizable depreciation schedules are eliminated as well as capital account ledgers.  Operating results can be readily evaluated and profit situations quickly assessed where costs are precisely known.

Leasing provides a variety of options.

• At the end of the lease, you decide what is the best option.  Ranging from returning the equipment at no penalty to renewing the lease month by month.  You can also buyout the lease at the end of the term and retain the equipment.

Planning your equipment replacement.

• Because some equipment needs to be upgraded or replaced, you can plan in advance as your leases come to termination.  By upgrading or replacing equipment regularly you're always on the cutting edge of your industry.

Tailored Payments

• Leases can be structured from 24 to 72 months and anywhere in between to match your budgeting requirements or the useful life of the equipment.  Ask us about seasonal payment streams to meet the needs of your unique business.