The Benefits of Leasing

1) Conserve Cash and Working Capital
Leasing can provide 100% financing and often does not require a down payment or compensating balance. Therefore, cash and working capital are available to fund growth initiatives or other operating requirements which typically generate returns much higher than the cost associated with the lease.

2) Preserve Credit Lines
Leasing will allow you to keep your existing bank lines intact and available for use for operational expenses and other business needs.

3) Obsolescence Minimization
Leasing is a low cost, flexible method of providing your company with the newest equipment before it exhausts its useful life. At the end of the lease, your company is not burdened with technology or equipment having minimal economic or productive value, allowing you to generate a greater return on your investment.

4) Take Advantage of Tax Deductions
Lease payments on equipment are considered usage charges, not payments on capital equipment. Therefore, lease payments may be fully tax deductible as an operating expense. Consult your tax advisor on how this can best work for you.

5) Flexible Financing
Costs not normally included in other methods of financing can be covered in your company's lease payment, such as freight and installation expenses. Additionally, at the end of the lease term your company can choose to purchase the equipment, return it or trade up to the newest equipment.

6) It Is Easy and Convenient
The credit approval process is typically completed within 24 hours of you submitting your lease application. You can consolidate multiple costs including soft costs such as maintenance and installation into one convenient payment. Leasing is the fastest way to get your equipment in place and working for you!