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BENEFITS
OF LEASING
Improves
cash flow
When you finance your equipment through leasing your cash is not tied up
in equipment. It is free for investments that will grow your business,
produce income, and insure the equipment you acquire earns profits.
Preserves lines of credit
How do you know what opportunities tomorrow holds? Leasing adds another
source of credit, allowing you to preserve your established borrowing
capacity with banks for other needs.
Hedges against inflation
Your monthly payment remains the same over the term of the lease or loan.
Dollars paid later in the lease term usually have less purchasing power
than those paid at the beginning of the term...so you pay for today's
equipment needs with tomorrow's lower-value dollars.
Simplifies equipment changes
Hiring additional workforce? Increasing efficiency? Additional equipment
can usually be added to your existing lease. Or, if you're trying to stay
ahead of the competition by staying ahead of technologies, the equity in
your leased equipment can be applied toward the lease of new equipment.
These options solve the problems of obsolescence—and make your job
easier.
Provides 100% financing
Even "soft costs" such as training, shipping, installation, and
maintenance agreements can usually be included. So you can rest easy
knowing that these associated costs won't disrupt your cash flow.
Eliminates hidden charges
With this program you have no compensating balances, no closing costs, and
no restrictive covenants that banks use to increase customers' cost. What
you see is what you get.
Saves on taxes
Depending on the type of lease you select, as much as 100% of your
payments may be tax deductible. Check with your accountant.
Offers many payment programs
You choose the lease type that best fits your needs, and you select the
length of the lease.
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