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Income Is Generated By Use Of Equipment, Not By Ownership!
Conserve Capital/Cash Flow Leave cash available for more profitable uses or simply in reserve.
100% Financing/120% Possibly
No down payment is required. The soft costs, i.e. sales/use taxes, delivery, installation, training, etc., can also be included in the lease or loan payment.
Faster and Easier Approval Typically transactions under $75,000 can be approved in 24-48 hours. Larger transactions will require financial disclosure, i.e. financial statements and tax returns, and are generally approved with in 2-3 days after receipt of the financial information we have requested.
Longer Terms
Equipment leases or finance agreements typically can be for a longer period of time than Conventional Bank Financing, affording lower payments.
Special Payment Structuring Special programs such as skip payments, step payments, seasonal payments, etc. are available.
Protect Bank Lines Leave bank lines available for other non-equipment uses.
Options at End Can purchase, re-lease, or return equipment.
New Source of Business Funds Establishes a new source of funding capital expenditures.
Tax Advantages In many cases, lease payments are 100% tax deductible and are treated as an expense. This results in substantial tax savings, affording a much lower cash outflow.
Fixed Payments Lease payments are fixed for the entire term of the lease contract. They do not float as with Conventional Bank Financing.
Ease of Budgeting Since lease payments are fixed, budgeting is much easier, as the payments in the future always remain the same. |