Count the Benefits:
-
Keep your cash for other purposes.
Equipment is expensive. If you buy it outright, you can put quite a dent in your working capital. A lease allows you to keep your cash for other purposes, while still getting the equipment you need to do the job.
- Preserve your line of credit.
Like cash, hold on to your line of credit. You may need it to cover unexpected
expenses or to keep your business going during slow periods.
- Get high value equipment with little or no money down.
Unlike a loan, which generally requires a
substantial down payment, a lease requires a relatively low down
payment, if any.
- Keep up with the latest technology.
With a lease, you can always trade up to keep pace with advances in
your industry. In contrast, when you buy equipment you can find yourself
unable to upgrade or tied to a loan for equipment that has become
outdated.
- Stick to your budget.
With all the lease options and payment options we offer, you can
find one that fits your budget and your business goals.
- Gain tax advantages.
Depending on how your lease is structured, you gain a number of tax
advantages by leasing rather than buying. For example, with a tax or true lease, you can deduct your lease payments as a business expense.
Or, if you choose a capital lease, you can depreciate the equipment as if you had bought it.
We Finance New &
Used Equipment: