Leasing conserves your working
capital.
Rather than purchasing equipment
with cash, lease it. When you lease equipment, you make only monthly payments.
Since there is no down payment to start with, you conserve your working
capital to be used more profitably for your short-term business needs.
Leasing preserves your credit
lines.
Unfortunately, some of the credit
available to you today might not be there tomorrow if you exhaust your
line of credit with a major purchase. Leasing the equipment you need, however,
helps preserve valuable credit lines while giving you the financial resources
you need.
Leasing provides 100% financing.
You may finance up to 100% of your
equipment cost. That includes freight cost. That includes freight, installation
and some incidental charges. So, you won't have to compromise or settle
for less than you need.
Leasing provides flexibility.
Through leasing's extended terms,
payment amounts can be substantially lower than they would be if the equipment
was purchased with borrowed funds. Lease payments can be monthly or quarterly
or annually, etc. Different payment amounts can be designed to occur within
the same lease, including seasonal and step payments. In short, leasing
provides you with far greater financial flexibility than any other form
of equipment acquisition, enabling you to buy more equipment while staying
within your corporate budget.
Leasing provides a variety of
tax benefits.
Unlike loan payments, lease payments
may be fully deductible as an operation expense.
Low acquisition costs.
Your capital requirement is low,
usually one or two advance payments.
Leasing eliminates equipment obsolescence.
Leasing lets you regularly upgrade
your equipment to a state-of-the-art level, eliminating the inefficiencies
of owning outdated equipment.
It's quick and easy to apply.
Unlike loans that can take weeks
to process and require volumes of paperwork, your lease application is
simple. For transactions under $75,000 simply complete the application
form, and in most cases your lease will be approved within 24 hours. |