::
Flexibility - Lease
options are available for almost any kind of equipment. Machine tools...
construction equipment...copiers... computers... medical/dental equipment...from
single items to an entire office or plant.
:: Manufacturer's Warranties and Guarantees -
You
make the arrangements as to price and specifications with the supplier
you have selected.You retain all manufacturers'
warranties and guarantees.
::
Lease Term - Lease terms are typically from two to five years...
most of the time less than the useful life of the equipment. Nearly always
this term is longer than a normal loan period from a borrowing source,
resulting in lower monthly payments.
::
Retaining Cash on Hand - Most other financing demands a large
down payment, deposit or compensating bank balance. With a lease you
can quickly acquire use of the equipment you want without major cash
outlay.
::
Tax advantages - Lease payments can often be treated as fully
deductible expenses. This may mean a more rapid write off to you. Because
the lease term is generally shorter than the depreciable life, payments
can be expensed in a shorter duration.
::
Cost effective alternative - After evaluating the alternatives,
cash purchase, a bank loan, or installment purchase, you may determine
that the advantages you can derive from the use of freed-up capital,
via a lease, often costs you less.