Unlike a bank loan, leasing does not require a down payment. Service contracts, delivery, installation costs and other soft costs can be included in the cost of the lease. Banks typically will not cover these costs. As little as one payment is required in advance.
Do you know how it is meeting payroll or the bills at the end of the week? This is stress on you and your cash flow. Leasing makes this money available for working capital, giving you more money to invest in profit–generating activities for your business. Leasing takes a large cash prices and converts it into a low, tax–deductible monthly payment. Millions of businesses choose leasing to conserve precious capital.
Leasing your equipment gives you the option of making your payments a fully deductible business expense.
As you lease, you will have the ability to acquire equipment and improvements you need like never before. You can also buy more equipment because your cash flow is under control and you have spread the cost of your equipment and made it manageable. We have helped companies across the nation grow and we look forward to helping you do the same.
Lease payments are lower than purchase installments or renting, making the most of your current budget. Waiting to acquire the full purchase price can cause you to have to wait far too long for your equipment. Leasing allows you to get what you need to meet your current demands and have the edge over your competition rather than being forced to work with outdated or inferior equipment. And remember, the equipment is paying for itself “while it works”. Now that ís cash flow!
Inflation is expected to make a large rise this decade according to most economists. Through leasing, however, you can offset this inflation with fixed payments. You can acquire the equipment you need at today’s prices while paying for it with tomorrow’s “less–valuable” dollars.
Leasing your equipment and establishing a payment history through LeaseSource will provide you with another valuable credit line that can be used for any of your other equipment needs in the future. This will make it much easier to acquire what you need months or even years down the line.
Leasing gives you low monthly payments rather than spending your precious capital, giving you the freedom to tackle more day–to–day expenses or acquire more equipment. You protect your valuable lines of credit at the bank and maintain a competitive advantage by being more efficient and having the best equipment on the market. Did we mention that you are able to expense many leases? This makes for a much more attractive balance sheet!