About
Leasing
Leasing has become the preferred method of acquiring equipment among
businesses. Currently, 35% of all equipment is leased. Leasing offers
real advantages including better value, more convenience and greater
control.
Better Value
Make better use of your money
- 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.
- Leasing
generally requires only one or two payments upfront, which are
applied to your future payments.
Finance
100% of your costs
In most cases, the full amount of the equipment, as well as the
service, shipping, installation costs and maintenance 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
significant tax savings
Monthly payments on operating leases are typically viewed as operating
expenses offering significant tax benefits. You should always consult
with your financial advisor to determine the most tax-beneficial
lease for your company.
More
Convenient
Speedy and easy
With eLease, most applications receive bids within two business
days. This means that you can acquire equipment now, so your business
can focus on increasing revenues.
You can
tailor a solution that meets your requirements
Leasing is flexible so that you can tailor the length and amount
of your payments to meet your business' needs.
- "step-up"
leases allow you to start with low payments that increase over
time so you can concentrate on using the equipment to generate
revenue.
- "skip"
leases restrict payments to given months of the year so you can
plan ahead to cover the slow times.
- "deferred
payment" leases allow a significant grace period before your
first payment is due.
- "master"
leases offer a more convenient way to add more equipment to your
existing lease.
Greater
Control
Avoid the
risk of your 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.
Improve your cash flow forecasting
The fixed nature of a lease obligation eliminates uncertainty about
the future cost of the equipment. Your lease payments facilitate
more accurate forecasting and planning.
No ownership
dilution
Leasing allows you to increase the cash flow of your company without
bringing in investors to finance capital expenditures.
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