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Leasing

Leasing is one of the fastest-growing ways of financing equipment in business today. A recent Gallup survey found that 80% of U.S. businesses lease a portion of their equipment. The list of companies using leasing ranges from the Fortune 500 to the family store. A growing business is apt to face the dilemma of limited cash flow and the need to add equipment. Leasing can put that equipment to work for you without a major capital investment and with real cash-flow advantages.

•  Low Monthly Payments
Your monthly lease payment will usually be lower than the payment required by other methods of financing. You can actually afford more of the best with leasing.

•  Acquire Equipment Without Tying Up Capital
Where other types of financing require a hefty down payment, leasing is 100% financing. Most lease agreements require an advance of only one or two month's payment plus a security deposit. Leasing puts the equipment to work for you immediately, at a minimal up-front cost.

•  Protect Your Lines of Credit
Lease payments have no impact on your credit lines with your bank. Your borrowing power is preserved for other business opportunities.

•  Maintain a Competitive Edge
Leasing gives you the advantage of the latest available technology at a more affordable cost.

•  Eliminate Obsolescence
"The newest innovation" doesn't stay new. Leasing gives you today's best technology and then lets you upgrade when the equipment has outlived its advantage. You can eliminate the hassle of selling equipment at a depreciated value.

•  Take Care of the "Hidden Costs"
Leasing gives you more than just the equipment. It also can cover the cost of training and support. Your lease includes everything it takes to actually put the equipment to work for you.

•  Realize Tax Advantages
Purchases are made with after-tax dollars. Your lease payments are usually considered a pre-tax business expense and as such may reduce your taxes.

•  Simplify Accounting
Lease payments are little more than a line-item in your monthly cost of operations - a minimal bookkeeping effort that frees you from time-consuming depreciation schedules.

•  Guard Against Market Conditions with a Fixed Payment
Remember 1980, when interest rates skyrocketed from 9% to 21.5% in a single year? Unlike bank lines of credit, with variable rates, lease payments are fixed - no matter what happens to the market tomorrow.

•  Leasing Adds Up to Good Business Sense
A properly tailored lease program gives you the benefit of having the equipment you need without all the risk and financial pressures.

1. Leasing minimizes the demands on cash flow.
2. Leasing eliminates investing in obsolescence.
3. Leasing keeps your bank credit lines open.

Tax Benefits to Leasing

When properly structured, lease payments may be a tax deductible business expense paid from pre-tax earnings rather than after tax profits.

And leasing may also protect you from "technology obsolescence"!

When you acquire equipment for your business you have three choices:
1. Pay cash
2. Get a loan from your bank OR
3. You may lease.

If you pay cash or take out a loan from your bank, you may be required to depreciate your equipment for 5-7 years. If you lease your equipment, the entire lease payment may be tax deductible over the term YOU choose!

And when the lease is over you may simply return the system and acquire new technology, continue to lease it, or buy it.

Contact us to request more information about our leasing program. We can send you a simple credit application and in most cases you will have your approval in only a few days.

Click here to download the Leasing Application (PDF).

Click here to download the Leasing Appliction (MS Word).