This popular cash management method may be what creates the possibility to order the equipment, furnishings, technology or software that your organization needs. Using this tool might help improve efficiency, develop more productive employees and sales staff or help project the professional image and style that your group warrants. Here are some of the benefits our leasing program offers:
- Leasing Works for any Type of Business
Every imaginable type of business and/or organization through out the world leases equipment, including proprietorships, partnerships, corporations, government agencies, religious and non-profit organizations. Over 80% of American businesses lease some of their equipment and nearly 90% say they would choose to lease again
- Make better use of capital
Conventional bank loans usually require more money upfront than leasing and often have restrictive covenants. Banks usually will require a 10%-20% down payment. Leasing generally requires only one or two payments upfront, which are applied to future payments.
- Finance 100% of costs
In most cases, the full amount of the equipment, as well as the shipping and installation costs and maintenance can be included in the lease. This spreads the costs out evenly over the term of the lease and frees up working capital for other areas.
- Tailor a solution to meet needs
Leasing is flexible. Tailor the length of time and the amount of the monthly payments to meet desired business needs.
- Tax advantages
Depending on the structure of the lease, the entire monthly payment including interest may be written off as a deduction for the whole term.
- Little money down
Two payments are all that is needed to start a lease. (Vs. the 10%-20% banks require in a loan).
- Protect credit lines
Bank credit lines remain intact for other needs.
- Off balance sheet financing
Leases are not required to be reflected on a balance sheet as debt, making your company more attractive to potential lenders.
- Flexible payment plans
Unlike conventional loans there are a number of alternative payment cycles available.
- Increase Sales
Equipment Vendors use Leasing to help stimulate sales by quoting their products in monthly payments.
- Approval is Fast and Easy
Apply here on-line. Just click on the apply on-line link. Or print and fax the application. We will begin working on your application immediately and usually within 24 hours get back to you. This allows you to rapidly acquire the new equipment with minimal documentation or red tape.
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