Benefits of Leasing

Leasing keeps your bank lines and other credit sources available to meet short term requirements:

Fixed Rate Financing

Payments do not change – You know what your expense is each month

Equipment Earns its Keep

You pay for the equipment as the equipment benefits you. Just as you want to control operating costs, leasing helps you control your equipment costs

Makes More Equipment Available

Since you can arrange payments according to your cash flow, leasing allows you the use of a greater amount of equipment for a given dollar allocation.

Leasing Versus Bank Versus Outright Purchase

SHOULD I LEASE, SHOULD I BORROW THE MONEY FROM MY BANK OR SHOULD I JUST PURCHASE THE EQUIPMENT? Every situation is different and therefore, each situation must be evaluated on an individual basis.

Lease Financing

• Leasing provides fixed rate financing
• Leasing allows you to keep your credit Iines open
• With leasing, you pay for the equipment as it benefits you -- not before
• Leasing affords you the opportunity to provide state of the art equipment to your clientele

Utilizing Your Bank Lines

If you have a line of credit at your bank with an attractive fixed interest rate and you are confident that you will not need to use the line for any other situations, it may make sense to finance your equipment through the bank. However, many business people utilize leasing companies to acquire equipment in order to keep their line of credit available for working capital, expansion possibilities or any other situation that may arise which requires quick cash.

Paying Cash

Cash, if invested wisely, can provide great income opportunities. Therefore using your cash to pay for depreciable assets such as equipment may not be the right choice for you.