Locate Id: 2034

Financing

WHY SHOULD I LEASE MY EQUIPMENT?

Financing your equipment with a lease has many advantages over using a bank loan to buy what you need.

 

Advantages of Leasing EquipmentAdvantages of Leasing

- Your lease payments are usually fully deductible, giving you a great tax advantage.

- We take care of everything! Leasing saves you the time and hassle it takes to find a bank and set up a loan for purchasing equipment.

- Leasing is flexible and offers more options when it comes to the type of equipment you get.

- 100% financing—no downpayment. You avoid a huge outlay of cash.

- Budget planning is easy because you know exactly what your monthly payments will be.

- It's usually easier to get a lease than a loan for new equipment.

- Since a lease is not a bank loan, your lines of credit remain freed up for other needs.

- Monthly lease payments are viewed as a business expense instead of long-term debt. Having little debt on your balance sheet helps you secure financing to fund other areas of your business.


Click here to apply online for financing


 Get the equipment you need to make your business thrive!

Lease vs. Bank Loan:
 

LEASE

BANK LOAN

Get approved quickly without extensive financial statements

Advantages of Leasing Equipment disadvanatage of bank loan

Defer payments until the equipment is delivered

Advantages of Leasing Equipment disadvanatage of bank loan

Avoid financial reporting

Advantages of Leasing Equipment

 

disadvanatage of bank loan 
shows debt on
balance sheet

No large cash outlay / downpayment

Advantages of Leasing Equipment

 

disadvanatage of bank loan
downpayment required

Regular monthly payments

Advantages of Leasing Equipment disadvanatage of bank loan

Purchase used equipment

Advantages of Leasing Equipment disadvanatage of bank loan 

Have ownership options at the end of the lease term

Advantages of Leasing Equipment
$1 Buyout Option

Advantages of Leasing Equipment
ownership only

 

Click here to apply online for financingApply for a no-obligation quote in less than 30 seconds!