Benefits of Leasing
Leasing offers numerous benefits
over other financing methods:
Tax Benefits - The IRS does
not consider an operating lease to be a purchase, but rather a tax-deductible
overhead expense. Therefore, you can deduct the lease payments from
your corporate income. $1.00 Purchase Option leases are deductible
as a capital purchase.
No Down Payment - With leasing,
there is typically no down payment. A refundable security deposit
equivalent to two month's of payments is generally the only cash
due at the time of the lease. The lease can also be structured to
cover the cost of warranties, maintenance packages, shipping and
other costs associated with acquiring your equipment. That means
that you will have more money to invest in revenue-generating activities.
Improves Cash Flow - Lease payments
can provide a superior cash flow compared to other financing methods.
Balance Sheet Management - Because
an operating lease is not considered a long-term debt or liability
it does not appear as a debt on your financial statement, thus making
you more attractive to traditional lenders when you need them.
Immediate Write-Off Of The Dollars
Spent - The equipment does not have to be depreciated over five
to seven years.
Flexibility - As your business
grows and your needs change you can always add or upgrade at any
point during the lease term through add-on or master leases.
Customized Solutions - A variety
of leasing products are available and lease payments can be tailored
to match your cash flow needs. Upon expiration of a given lease,
arrangements can be made for renewal, purchase or return of the
equipment, whichever fits your specific situation.
Asset Management - A lease provides
the use of equipment for a specific period of time at fixed payment.
It assumes and manages the risk of equipment ownership. At the end
of the lease, the lessor may dispose of the equipment.
Upgraded Technology - If the
nature of your industry demands that you have the latest technology,
a short-term operating lease can help you get the equipment and
keep your cash. Lease equipment that you expect to depreciate quickly.
Your risk of getting caught with obsolete equipment is lower because
you can upgrade or add equipment to meet your ever-changing needs.
Speed - Leasing can allow you to meet
the need to respond quickly to new opportunities with minimal documentation
and red tape. We can approve your application within one or two
days so you can have your equipment very quickly.
Online
Lease Calculator - Click Here
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