Benefits of Leasing
•100% PLUS FINANCING. Leasing allows you to finance 100% Plus of the equipment cost. This means Soft costs such as Freight, Installation, Training, Maintenance, and Taxes can be covered on top of the equipment cost.
•TAX BENEFITS. Leasing provides substantial tax advantages, in some cases being able to write-off 100%* of the monthly lease payment as an operating expense. Sales tax can also be deferred over the lease term.
•LONGER TERM, SMALLER PAYMENTS. Typical lease terms are 24 to 60 months, resulting in fixed and affordable monthly payments.
•FLEXIBILITY. A variety of structured leases are available to fit your cash flow needs such as Step-Up, Step-Down, Deferred, and Seasonal Payment plans. Upon expiration of your lease, arrangements can be made for Renewal, Purchase, or Return of equipment.
•CONSERVATION OF CAPITAL. Capital can be used for more productive operational uses and opportunities (payroll inventory, marketing, etc. ). The #1 reason businesses fail is due to lack of liquidity. Maintaining liquidity should be a top priority for any company.
•OFF BALANCE SHEET FINANCING. An Operating Lease is not considered a long-term debt or liability on your financial statement, thus improving the overall financial picture of your company and making it more attractive to traditional lenders.
•PRESERVING EXISTING CREDIT LINES. Conserves your present bank lines of credit for alternative needs and opportunities. Diversifies your credit sources while at the same time increasing your borrowing capability.
•SPEED. Leasing allows you to respond quickly to new opportunities with minimal documentation unlike most banks. You can expect a response from us within 24 hours of your credit application.
•HEDGE AGAINST OBSOLESCENSE. Keep pace in your industry by acquiring current technology while conserving capital and maintaining a competitive edge.
•ASSET MANEGEMENT. A lease provides the use of equipment for specific periods of time at fixed rate and payments. Accurately forecast cash requirements for equipment usage .
•AVOID BUDGET RESTRICTIONS. Overall yearly company capital budget restrictions can be avoided in order to acquire needed equipment Today.
•PAY AS YOU GO. Leasing let?s you pay for equipment as you use it. If it depreciates, lease it.
•START-UP FINANCING. Leasing is often the best & most competitive option for acquiring equipment as a new business owner.
•INCREASED VENDOR SALES. Leasing will help vendors complete more transactions and receive prompt payment
*Please consult with your certified accountant or tax advisor