The Benefits Of Equipment Leasing
How will leasing your equipment benefit you?
Leasing Saves Your Working Capital
It converts a large cash purchase into a low, affordable, tax deductible monthly payment. Leasing eases the strain on your working capital by providing 100% financing. Meaning you have more funds available for things like payroll, advertising and other expansion efforts.
Leasing Provides Total Financing
Leasing offers 100% financing, and unlike a bank loan, requires no down payment. Taxes, delivery, service contracts and other soft costs not typically financed by a bank can be included in the cost of the lease. One or two payments in advance are usually all that is required.
Leasing Overcomes Budget Limitations and Guards Against Obsolescence
Lease payments are often lower than purchase installments, making the most of your current budgets. This allows you, or your customers to acquire all of the equipment they need to meet current demands, rather than being forced to work with outdated or inferior equipment.
Leasing Provides Financing For Brand New Businesses
Start up businesses can be hard to finance. Most banks want to see 2 – 3 years of business tax returns before they are willing to finance a new business. Here at LeaseFunders.com we have created several start up equipment leasing programs to help new businesses obtain the equipment they need to become competitive in their industry!