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Benefits of Leasing

Many consider leasing the preferred method of acquiring equipment because of the following benefits:

• Conservation of capital: Because there are no large down payments involved with leasing (100% of the equipment cost can be financed), customers can retain capital for other expenditures.
• Tax advantages: Lease payments can be a 100% tax-deductible operation expense. *Customers should consult their tax advisor regarding how their company can benefit.
• Fixed payments: With payments fixed throughout the duration of the lease, customers will never have to worry about an increase.
• Convenience and flexibility: A quick and easy application process, prompt availability of financing, flexible terms and payments plans, upgrade capabilities and the ability to work with budget restrictions make leasing an attractive financing option.
• Conservation of credit lines: Leasing acts as an additional credit line, leaving existing credit lines available for other uses.
• Savings: A lease is paid for with before tax dollars rather than after tax dollars.
• Protections from equipment obsolescence: Leasing protects customers against equipment obsolescence and allows them the freedom to upgrade or add equipment as their needs change.