Leasing Benefits

Convenience & Flexibility

Applications are short and simple and can be approved more quickly than conventional financing. Leasing provides greater flexibility such as number of months (term), purchase options, and flexible payment schedules.

Working Capital and Cash Flow

Save your cash – working capital is essential to good business. Leasing provides you with another source of funding your new equipment outside of spending your hard earned cash. Cash flow is more predictable with regular monthly payments. Leasing allows you to put your cash flow back into the business where it is needed the most.

Tax Benefits

Monthly payments on operating leases are typically viewed as operating expenses and can offer significant tax benefits, such as deducting monthly payments from taxable income. Equipment purchased with cash or a bank loan must be depreciated over its economic life. You should always consult with your CPA to determine the most tax beneficial lease for your company.

Approval

Approval on leasing generally requires only a simple application and can be approved in a shorter period of time than conventional financing. Providing you have been in business more than 2 years, have good credit and adequate cash flow, approval can be as quick as 48 hours.

Credit Lines

Leasing usually provides a non-conflicting source of credit, thereby increasing the customers’ borrowing base. Capital sources and personal lines of credit open remain available in case they are needed for short-term requirements. Alleviate personal debt and free up personal credit.

Soft Costs & Intangibles

Unlike conventional financing, leasing generally allows you to bundle costs such as shipping, installation and service.

100% Financing

No money down – one low payment – easy to budget. Leasing provides you with minimal up-front cost and the flexibility to tailor a plan that meets your business needs.