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Is leasing equipment right for you? Why do people lease equipment for their business?
There are many reasons why leasing has become such a popular financing tool. Imagine if you needed a new piece of equipment that would make your business more profitable…
Keep your cash.
Probably the number one reason businesses use leasing is that it allows you to keep your cash in the business, working for you instead of tied up in a depreciating asset. You can typically lease 100% of the amount, which means no big down payments either!
Imagine being less reliant on your bank.
What if you could save your bank line for emergencies or opportunities? Bank lines
are best used for current assets like accounts receivables or inventory. Leasing
can effectively increase your borrowing power and this can allow you to grow faster.
We can even establish pre-
Think easy.
Leasing your equipment is simple to do. For an established business that wants
to lease up to $25,000 worth of equipment, a simple one-
How about tax advantages?
In addition to paying sales tax on the payments instead of as a lump sum all up-
Profit with time.
How about paying for that money-
Are you special?
What do you think about seasonal payments for a business with peak cash flows at certain times of the year? How about having no payments for a few months while you get up to speed with the new equipment? Leasing is a financing tool that can allow you amazing flexibility if you need it.