Why Lease?

1.      Leasing conserves capital.
·         Leasing is essentially 100% financing and requires very little outlay for the “purchase” of your equipment.
·         You can immediately take advantage of needed products without using existing capital.
·         Cash or credit can be retained for purchasing inventory, implementing new programs, etc.

2.      Leasing preserves existing credit lines.
·         Leasing does not affect existing lines of credit at the bank which preserves credit for day to day needs.

3.      Leasing links equipment cost to revenue flow.
·         Leasing allows you to acquire equipment now and to pay for it with revenue generated by that equipment.

4.      Leasing limits corporate liability.
·         Typically, no other assets of your company are pledged as collateral for the lease.
·         Your commitment is limited to the equipment being leased versus the well being for your entire company.

5.      Leasing provides for owning or upgrading the equipment as needed.
·         Additional equipment can be added to an existing lease.
·         At the end of the lease term, several options are available.

6.      Leasing offers tax advantages.
·         Typically, lease payments are an operating expense and 100% deductable, purchases are not.

7.      Other benefits of leasing.
·         When needs arise after capital budgets have been set, equipment can be financed out of operating budgets.
·         Installation, training, software, maintenance, service contracts etc. can be included in the lease package.
·         The initial outlay is minimal.
·         Monthly installments are relatively low.
·         The net cost of leasing is on par with most bank rates.

Download our Lease To Own Credit Application (in pdf format). 

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