Leasing is currently the preferred method of acquiring capital purchases. There are many benefits that leasing delivers, including the following:
Lease payments can be a 100% tax-deductible operation expense. *Customers should consult their tax advisor regarding how their company can benefit.
With payments fixed throughout the duration of the lease, customers will never have to worry about an increase.
Convenience and Flexibility
A quick and easy application process, prompt availability of financing, flexible terms and payments plans, upgrade capabilities and the ability to work with budget restrictions make leasing an attractive financing option.
Conservation of Credit Lines
Leasing acts as an additional credit line, leaving existing credit lines available for other uses.
A lease is paid for with before tax dollars rather than after tax dollars.
Avoidance of Equipment Obsolescence
Leasing protects customers against equipment obsolescence and allows them the freedom to upgrade or add equipment as their needs change.