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ADVANTAGES OF LEASING…..and there are
many!
- LEASING provides minimal out-of-pocket expenses.
- The LEASING down payment requires only two monthly
payments as opposed to the normal 20 to 30% required by
most banks.
- APPLICATION is simple and quick. The application
takes just a few minutes to complete and MOST APPROVALS
arrive in 24 to 48 hours. We can usually go up to $75k
before financial statements are required.
- YOUR PAYMENTS NEVER INCREASE throughout the term -
no matter what happens to the Prime Rate.
- WE DESIGN our payment programs to match the cash
flow of your business. Payments can be made monthly,
quarterly, or annually.
- IF YOUR BUSINESS is seasonal, you can take up to
three months per year with ZERO PAYMENTS.
- WE CAN arrange PAYMENT DELAYS, allowing you to get
set-up and generate some income BEFORE you begin
payments.
- OUR TRUE LEASE has accounting benefits, sometimes
call “off balance financing” because you do not book the
liability on your balance sheet. It also simplifies your
accounting because you simply expense every payment
made.
- The TAX BENEFITS let you expense the ENTIRE payment,
including sales tax; accelerate your depreciation and
PAY LESS TAX.
- LEASING preserves your established lines of credit.
- LEASING IMPROVES YOUR CASH FLOW. YOUR PAYMENTS ARE
MADE FROM MONTHLY INCOME, NOT YOUR WORKING CAPITAL OR
SAVINGS.
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