Commercial Equipment Leasing
Why Lease
Following are some of the reasons that leasing has increased 82% over the last 10 years:
- Quicker approval process than tradition term financing
- Simpler documentation requirements
- New and Used equipment can be leased
- Does not restrict your future borrowing options
- Usually requires less initial cash outlay compared to term loans
- Delivery, installation and other soft costs can be absorbed into the lease
- Preserve operating lines and cash for operating expenses, short term borrowing and sudden profit opportunities
- Avoids capital budget restraints
- Fixed payments, skip payments and other flexible payment terms to match your cash flow fluctuations are available
- Acquiring new equipment sooner increases your productivity and competitive edge.
- Hedge against inflation, buy at today's price and repay with tomorrow's income.
- Greater Income Tax and Financial Statement reporting options