| 1.
|
COVER ALL
EQUIPMENT COST
|
| |
No need to obtain
financing elsewhere. |
| 2.
|
CONSERVE
WORKING CAPITAL
|
| |
Cash isn't tied
up in equipment. It's free for income-producing investments. |
| 3.
|
PRESERVE BANK
LINES
|
| |
Credit remains
available for other needs. |
| 4.
|
SAVE ON TAXES
|
| |
You save
initially because leasing costs come out of before-tax dollars, not
after-tax profits. |
| 5.
|
SIMPLIFY
ACCOUNTING AND DEPRECIATION RECORDS
|
| |
Leasing costs are
tax deductible. |
| 6.
|
AVOID RAPID
OBSOLESCENCE
|
| |
The most modern
equipment is always available, and updating is easy. So you can
always be at your competitive best. |
| 7.
|
FIGHT
INFLATION
|
| |
Leasing costs
remain the same, no matter how high prices rise. You pay for today's
needs with tomorrow's dollars. |
| 8.
|
KEEP EQUITY
INTACT
|
| |
There is no need
to issue stock or sell part of the company to raise capital. |
| 9.
|
EXPAND,
REPLACE EQUIPMENT SOONER
|
| |
Since no capital
investment is involved, expansion and replacement of equipment may
happen more quickly. |
| |
|
While
leasing can provide your customers with many benefits in acquiring
your equipment, let's look at some common questions that arise in
selling your customers on the benefits of leasing.
|
| |
Does leasing
conserve capital?
|
| |
You bet it does!
There is no large cash outlay for deposits or down payments.
Usually, the first rental payment is the only cash you need. Your
working capital stays in your business earning interest through
investments, or is available for other uses. |
| |
What about
the other costs?
|
| |
There aren't
any. Your lease covers all of your equipment costs. Even such
expenses as installation, maintenance, freight, and taxes, which
normally require cash, can be covered in your lease and amortized
over it's life. |
| |
Do I save on
taxes?
|
| |
You certainly
do! First, your leasing payments come from pre-tax dollars, or
current income, not your profits. In addition, all of your rental
payments are treated as tax deductible expenses. |
| |
What about
inflation?
|
| |
Leasing lessens
the impact of inflation, because your leasing payments remain the
same, no matter what happens to the value of the dollar. For
example, if inflation decreases the value of the dollar and your
leasing payments remain the same, you are actually paying less,
because each dollar of your payment is worth less than it was when
your payments began. |
| |
What happens
when my equipment becomes obsolete?
|
| |
There is no need
for your equipment to ever become obsolete. Leasing makes it much
easier to replace equipment, because there are none of the problems
you would run into if you had to sell equipment you owned. You may
lease newer, more modern equipment whenever you choose, so you
always have the most up-to-date equipment available. |
| |
What else
should I know about leasing?
|
| |
For one thing,
accounting records are much simpler when you lease. When you want
new equipment, you don't have to worry about selling the old.
Actually, you avoid many of the burdens of ownership, and have all
the benefits of total use. We currently have Financing Partnerships
with many well known manufacturers that allow us to offer cutting
edge programs such as up to 84 Month Lease Terms, 12 & 24 month
Step Leases, Seasonal Skip Leases, Tax Leases, Operating Leases,
Fixed and Variable Rate Finance Leases, SBA Loans, 180 Day Deferred
Payments, 90 Days No Money Down and many other finance programs
created to insure that you have all the financing options available
to complete your purchase. We also have simplified the credit
evaluation process by normally only requiring a completed
application for all transactions under $250,000 and not asking for
financial statements unless absolutely necessary. |
