What kinds of equipment can you lease?
Why does leasing make sense?
100% financing, finance total cost of equipment including shipping, sales tax and installation.
Preserve credit lines
Save your credit lines for opportunities for business growth or for emergencies. Lease lines can be outside of your borrowing limits and are not subject to covenants.
Terms, payments, and rates are fixed for the term of the lease at the time of funding. Simplifies budgeting for new equipment.
Operating leases can be off balance sheet leases. Balance sheet ratios are not affected by the new equipment. Lease rental payments can be expensed, accelerating tax
write-offs to match the term of the lease. Lease terms are usually shorter than the depreciable life of the equipment.
Match benefits and costs
Lease term is tied to the economic life of equipment. Your cash expenses will match how you use the equipment. When you reach the end of
your lease, you will be ready to replace the equipment.