| Why Lease?
| 100% Financing
No down payment is required. The soft costs, i.e. sales/use taxes, delivery, installation, training, etc., can also be included in the lease payment.
| Longer Terms
Equipment leases typically can be for a longer period of time than Conventional Bank Financing, affording lower payments.
| Protect Bank Lines
Leave bank lines available for other non-equipment uses.
| New Source of Business Funds
Establishes a new source of credit.
| Tax Advantages
In many cases, lease payments are 100% tax deductible and are treated as an expense. This results in substantial tax savings, affording a much lower cash outflow.
| Fixed Payments
Lease payments are fixed for the entire term of the lease contract. They do not float as with Conventional Bank Financing.
| Ease of Budgeting
Since lease payments are fixed, budgeting is much easier, as the payments in the future always remain the same.