Top 10 Leasing Advantages
10. Conserves Capital and Preserves Bank Lines -
Leasing your equipment enables you to preserve valuable credit lines and cash resources for
other operational needs of your company. Leasing serves as a responsible means to acquire
the equipment you need today, without tying up precious and essential operating funds.
Banks are often reluctant to grant fixed rate equipment loans, tend to require larger down
payments and compensating balances, and unfamiliar with equipment purchases.
9. Overcomes Tight Budget Limitations –
Many firms have found that small monthly payments for leased equipment can be squeezed
into the tightest budgets. A lease helps justify a purchase to management who may have
delayed a decision because of budget restrictions. Leasing enables companies to acquire
equipment they might not otherwise have been able to afford.
8. 100% Financing –
Leasing provides 100% financing on the equipment you need – including software! Service
contracts, training, sales tax, freight and installation charges can all be incorporated
into the lease structure, reducing the initial cash outlay.
7. Hedges Against Inflation –
Through leasing you acquire use of equipment at today’s cost, but your monthly expense
payment is made with tomorrow’s inflated dollar. This is the clearest advantage of leasing.
6. Eliminates Obsolescence –
Advances in technology are being made quickly. Leasing enables you to have the latest technology
without the fear of your equipment becoming obsolete. With flexible end-of-term options, leasing
enables you to rotate and refresh your equipment regularly, keeping you current with the latest
technology trends.
5. Increases Your Purchasing Power –
Leasing enables you to do more with less. Leasing stretches your available budget dollars so you
can acquire more equipment and the latest technology on the market. Optimizing your investment
dollars this way enables you to lower your organization’s overall cost of ownership while providing
your employees with the tools they need to be successful.
4. Overcomes Asset Disposal Issues –
Environmentally friendly disposal of technology equipment is a growing concern. Legislation is
increasing and the risk of fines and penalties for non-compliance is climbing. Leasing eliminates
asset ownership, thus transferring liability from your organization to the leasing company.
3. Leasing is Convenient and Flexible –
Easy documentation and credit processing, unlimited choice of equipment and vendors, inclusion
of soft costs, and payment schedules to meet any budget make leasing the right financial move
for the 21st century.
2. Equipment Leasing Pays for Itself –
Through leasing you pay the monthly rentals with savings or increased profits derived from the
equipment use. Would you pay your office staff their salary 3 or 5 years in advance? That is what
you effectively do when you pay cash for your equipment.
1. Your Company Grows with Reduced Risk –
Through incremental monthly payments you can expand and evolve your business to meet the next
competitive challenge. The idea behind your equipment acquisition is business growth. A good
leasing partner can provide you flexibility and professional responsiveness to help you meet
your business objectives.
Please contact your account executive for more information.