Equipment Leasing
Benefits of Leasing
According to the Equipment Leasing Association
- 80% of all companies lease all or some of their equipment
- Leasing helps businesses keep their equipment state-of-the-art
- More companies acquire equipment through leases than through loans
Keeps Technology Current
- Upgrade equipment to keep pace with fast changing technology
- Avoid equipment obsolescence
- Eliminate headaches caused by equipment disposal
- Simply return the equipment at the end of the lease
- Equipment add-ons and trade-ups can easily be written into the lease Improves
Cash Flow and Budgets...
- Eliminates financial "peaks and valleys" with predictable payments and budgeting
- 100% financing provides affordability with no up-front cash or down payment
- Preserves working capital and frees up credit lines
- Overcome capital budget restraints by expensing lease payments
Provides off-balance sheet reporting and potential tax savings...
- Allows customers to retain available credit for other needs
- Provides potential tax and accounting benefits - consult your tax advisor for details
