| Customers are one person up to a large corporation. |
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| Examples of an Equipment Lease |
Office Machines
Office Furniture
Computers
Telecommunications Equipment
Medical Imaging Equipment
Construction Equipment
Transportation Fleets (Airliners, Trucks, Trailers, Rail Cars, Ships)
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| Advantages of Leasing |
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Keep Equipment Up to Date
Leasing allows you to modify technology and equipment as technology evolves and your needs change.
With machinery and equipment leasing there is often no down payment and the term set by the useful life of the equipment.
Leasing give you the option of deducting 100% of the lease payment. (Always consult with your accountant before assuming any tax credits.)
Leases technically are not classified as a capital expenditure
Maximum Debt Ratio Compliance Certain types of leases are not classified as debt on a balance sheet.
Improve Cash Flow Without a large down payment you retain money that can be allocated to other areas of your business such as inventory and expansion.
Finance Option For New Companies New companies don’t need an extensive credit history to qualify. New companies also establish an additional credit source.
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