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Reduce Tax
Liabilities
Lease payments are usually fully tax deductible as
a business overhead expense. Under a buy arrangement
you can only depreciate the equipment and write off a
portion of the interest. Leasing typically offers you
a full write off with 100% of your monthly payment
being deductible.
Overcome Budget
Restrictions
Leasing can allow you to move to your new equipment
with as little as 3% down payment. Usually a good
lease plan can be worked out for even the tightest
budget. Let your company's good credit history allow
you to move into your equipment now.
Off Balance
Sheet Financing
Most companies have worked hard to keep the balance
between assets and liabilities healthy. Leasing allows
you the opportunity to acquire new equipment without
increasing your company's liabilities. Leasing allows
you the freedom to grow while avoiding dilution of
ownership.
Preserve Your
Credit Lines
When you lease, your existing bank credit lines
remain untapped. This allows you to maintain access to
funds for short term needs, such as business
emergencies, accounts payable, real estate
acquisition, etc. ADVANTAGES
Conserve Your
Cash Reserves
Acquiring today's equipment means parting with a
major part of your company's cash reserves. Leasing
saves those cash reserves for where they're truly
needed: inventory, expansion, personnel, etc.
An Edge Against
Inflation
All our leases are fixed rate: the payment will
never change. This allows you to acquire today's
modern capital equipment while using tomorrow's
inflated dollars to pay for it. When you purchase on a
cash basis you are investing today's dollars to cover
tomorrow's rising costs.
An End to
Equipment Ownership Headaches
When your lease ends you can exchange your old
equipment and replace it with modern capital equipment
without having a significant change in your monthly
payment. You can also purchase the equipment at lease
end if you wish to keep it. HOW
IT WORKS
To Whom Is
Leasing Available?
Any company in business one year or longer. The
personal guarantee of the owners of closely held
companies may be required. Our credit decisions are
based on the length of time in business, bank
references financial statements and personal credit
reports.
Guidelines and
Standards
- No Obligation/No Cost Applications
- Business only - no Consumer leases
- Equipment $5,000 and above
- Most applications can be handled via Fax
- Competitive rates - meet or beat policy
- 48 hour credit approval
- Vendor payment within 48 hours after receipt of
documentation, invoices and verification of
equipment delivery.
Want More
Info about our Equipment Leasing Services?
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