What is a lease? When you lease, you only pay for the use of the equipment for a specified period of time. You agree to pay a specific monthly payment over a determined period of time (term). At the end of the term, you can opt to payout the lease and own the equipment, or give the equipment back.
How Leasing Can Benefit Your Organization? Leasing Protects Cash Flow With leasing, you can spread out the acquisition cost of your equipment over time, freeing up valuable capital to expand the business.
100% Financing When you borrow money from a bank to acquire equipment, you may be asked to provide a down payment of 10 to 20%. In most cases with leasing, your first payment is all that is required at the time of signing. You can finance the total solution, including hardware, software & services.
Protection Against Obsolescence With Leasing, you can upgrade your equipment at anytime without a penalty. Keeping you up to date with today's most current technology.
Tax Advantages Depending on the circumstance, lease payments may be 100% tax deductible as an operating expense. Consult your accountant regarding the nature of deductions for your situation.
Simplify Budgeting Because regular lease payments remain fixed over the term of the lease, budgeting cash flow requirements is made easy.
Leasing Preserves Existing Credit Lines With lease financing, you are able to get the equipment you need today without tying up other valuable credit lines.
Leasing is Flexible A variety of lease options are available, the term and frequency of payments can be tailored to fit your unique situation.
