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Lease Tip
Leasing
is 100% Financing.
Did You Know?
You can apply for a "Pre-Approval"
before you decide on your equipment!
Contact Us to find out
more or Apply Online.
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Leasing offers many advantages over purchasing outright or other types
of financing. It is important to realize that you make money by
using equipment, not owning it.
Did You Know:
 | One-third of all Capital Expenditures in the US are handled by
the leasing industry. |
| 8 out of 10 Major US Companies use leasing as a financial tool. |
| In 2003, $244 billion worth of equipment will be leased
(estimated). |
Why? Because when you lease, you can:
| Conserve Capital - Cash remains untouched,
leaving it available for other uses (rent, payroll) or simply in
reserve. |
| Secure 100% Financing - With leasing, there is No
Down Payment required as with conventional financing. |
| Get Better Terms and Lower Payments - Equipment
can be leased for a considerable longer period of time, affording a
much lower outflow of cash. |
| Save Bank Lines of Credit - Leasing can protect
credit line facilities so that they may be utilized for other
profitable purposes. See Bank vs. Lease Decision. |
| Enjoy Tax Savings and Improve Cash Flow - The
full cost of the lease payments can often be treated as an expense
deduction for tax purposes. This may result in a larger tax
deduction and that means CASH in the lessee's pockets! See example
of tax savings. |
| Expect Fixed Payments (and Ease of Budgeting) - Leasing
offers fixed payments. There are no surprises as with
conventional variable rate loans. |
| Experience No Obsolescence Worries - At lease
end, lessee has the option to return the equipment if they no longer
need or want it. This leaves them free to update and re-evaluate
where their monthly dollars may best be spent. |
| Hedge Against Inflation - When you lease
equipment, you pay for it as you use it. When you purchase, you
pay in current dollars for future use of equipment (that's like
pre-paying your rent for several years). So, if inflation
continues, leasing can provide protection against future decreases in
dollar value. |
| Great Flexibility in Lease Plans - Lease payments
can be arranged to match your cash flow pattern, to match seasonal
business, to match earnings generated by the equipment. We will
structure a lease plan to fit your unique situation and
requirements. You can even include Soft Costs, or
installation, maintenance training, etc. if needed. |
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