Why Companies Use Equipment Leasing

Bank loans have problems

• Conventional bank loans usually require more money upfront than leasing and often have restrictive covenants.
• Conventional debt financing may require a 10-20% down payment.

Cover 100% of your costs

In most cases, the full amount of the equipment, shipping and installation costs can be included in the lease. This spreads the cost out evenly over the term of the lease freeing up your money to work harder for you.

Realize potential tax savings

Monthly payments on operating leases are typically viewed as operating expenses offering potential tax benefits.

Companies can tailor solutions to meet their requirements

"Master" leases offer a more convenient way to add more equipment to your existing lease.

Avoids the risk of equipment becoming obsolete

With ownership you run the risk that new technology will render your equipment obsolete within a few years, leaving you with equipment that no longer meets your needs and that is difficult to sell. Leasing allows you to replace or upgrade equipment to keep your business competitive.