To Your Customer...
Income Is Generated By Use Of Equipment, Not By Ownership!
Conserve Capital
Leave cash available for more profitable uses or simply in reserve.
100% Financing
No down payment is required. The soft costs, i.e. sales/use taxes, delivery, installation, training, etc., can also be included in the lease payment.
Longer Terms
Equipment leases typically can be for a longer period of time than Conventional Bank Financing, affording lower payments.
Protect Bank Lines
Leave bank lines available for other non-equipment uses.
New Source of Business Funds
Establishes a new source of credit.
Tax Advantages
In many cases, lease payments are 100% tax deductible and are treated as an expense. This results in substantial tax savings, affording a much lower cash outflow.
Fixed Payments
Lease payments are fixed for the entire term of the lease contract. They do not float as with Conventional Bank Financing.
Ease of Budgeting
Since lease payments are fixed, budgeting is much easier, as the payments in the future always remain the same.