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Your business relies on equipment and technology every day to operate and grow, but the value of those assets comes from using them, not owning them. Leasing offers numerous advantages over other financing methods: Retaining Capital Strength: Purchase the equipment you need today while spreading your payments affordably over time. This strategy allows you to reserve your capital for other day-to-day expenses as needed. Because a lease is not considered a long-term debt or liability, it does not appear as debt on your financial statement, making you more attractive to traditional lenders in the future.
Speed: Leasing allows you to assertively respond to a need for equipment or technology. Your business can be approved for financing within hours from a simple one-page application. With no hassle, you'll quickly have the equipment you need in operation and producing profits for your business hassle free.
Flexibility: As your business grows and your needs change, you can add to or upgrade your lease at any point through add-on leases or master leases. If you anticipate growth, it's important to negotiate any options when you structure your lease program. If needed, you also have the option to include installation, maintenance and other services, if needed.
Customized Financing Solutions: Leasing allows you to structure payment programs that address your key business issues, including, but not limited to, cash flow, budget, and cyclical fluctuations. For instance, some businesses request seasonal leases which allow them to schedule their payments during their busiest months and better align their expenses and revenues on a monthly and annual basis.
Tax advantages: Your lease payments may be 100% tax deductible depending on your specific business situation. We recommend you consult your tax advisor for details on tax advantages.
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