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Benefits of Leasing:
Why do so many successful companies, both large and
small, choose leasing as their preferred
method of acquiring commercial equipment? Below
are several reasons why so many companies, including our
customers, have chosen to lease their equipment over
other alternative forms of equipment acquisition.
- Since leasing
generally provides 100% financing, companies are
attracted by the minimum upfront expenses and down
payments versus those required by other financing
alternatives. We even include out of pocket
expenses like shipping, freight and installation
into the cost of the lease. Many other financing
alternatives do not include these costs.
- Leasing is a
fixed expense. With the uncertainty of interest
rates and inflation, it is advantageous to lock in
long-term expenses, using the value of today's
dollars. In addition, you have the opportunity to
pay for the equipment while it generates income for
your company. Smart leasing allows your newly
acquired equipment to pay for itself.
- Leasing preserves
existing lines of credit for other important
business needs, such as working capital,
improvements, more inventory and hiring employees to
help your business generate more revenue. Leasing
can help you stay in business.
- Growing
businesses generally have substantial credit needs
to finance their growth. When you choose to lease
your equipment, you diversify your lending
relationships. Your business maximizes its access
to credit and develops a stronger credit profile.
Leasing can help you start and maintain a cycle of
good credit thus establishing and maintaining an
impressive credit history.
- Did you know
leasing goes hand-in-hand with tax advantages?
Leasing provides considerable tax advantages. In
some cases, leasing your equipment can provide a
100% write-off of the monthly lease payment. This
is especially attractive to businesses subject to
Alternative Minimum Tax. Contact one of our leasing
officers to learn about the best way to structure
your lease. Then discuss these options with your
company’s tax specialist to see which choices are
right for you.
- Leasing helps
protect against equipment obsolescence. With
dramatic advances in technology and productivity
improvements, it is difficult to stay current with
the best and latest equipment on the market. By
leasing, you can easily upgrade to better equipment
when you need it without taking on the stress or
added financial obligation of purchasing new
equipment.
- Leasing provides
flexible repayment structures. Some businesses are
challenged with seasonal cash flow. By leasing, you
are able to match your payments to your cash flows
or budget requirements so that you maintain a steady
flow of income year-round. You can choose among
skip-payment plans, annual-payment plans and
deferred-payment plans. We would be happy to
explain these and other examples of competitive
lease structuring that can help your business
thrive.
- Leasing offers
convenience and allows for fast decision-making. At
ENvision Capital, our Account Executives provide our
customers with outstanding service. We make it easy
to get your lease done with minimum red tape, fast
responses and quick funding. We can make your
equipment acquisition happen when you need it most:
now!
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