|
LEASE |
LOAN |
|
Simple One Page Application |
Extensive Documentation |
|
100% Financing |
Not Available at all times |
|
No Down Payment |
Often Requires Down Payment |
|
No Additional Collateral |
Often Requires Additional Collateral |
|
Preserves Capital |
Reduces Available Capital |
|
Fixed Payments |
Variable Payments |
|
Easier Budgeting |
Extensive Monthly Reporting |
|
Tax Benefits* |
- |
|
Hedge Against Obsolescence |
- |
|
Positive Impact on Balance Sheet |
Negative Impact on Balance Sheet |
|
Flexible Programs |
Not Flexible |
