You
can lease almost any kind equipment.
Machine tools… construction equipment… copiers…
computers… medical/dental equipment... from single
items to and entire office or plant. All are available
through our leasing programs. You
choose the equipment you want.
You make the arrangements as to price and specifications
with the supplier you have selected. You retain
all manufacture’s warranties and guarantees.
You
gain possible tax advantages.
Lease payments are often 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.
You
keep both cash and machines generating profits.
Cash and machines are working assets. With no
cash tied up in the equipment, you have both assets
working for you. Particularly important under
conditions of high-priced money, inflation and
cost squeezes.
You
can deal with budget restrictions.
Budget restrictions preventing purchase of equipment
or acquisition of fixed assets still may often
permit a workable lease arrangement. This may
be true of branch operations of larger companies,
for hospitals, non-profit organizations, and municipalities.
You
can project costs more accurately.
You have know payments over a specified period.
There are no depreciation figures to be questioned,
no varying interest costs to be estimated. Leasing
helps take the guesswork out of budgeting.
You
can build your available credit.
With leasing, you can get the equipment you need
now without disturbing your present bank credit
lines. Preserving your bank lines for other possible
uses means the same thing to you as expanding
available credit.
You
alleviate dilution of equity.
Leasing offers you a viable alternative to having
to raise additional capital through adding more
shareholders or partners, or limiting your lines
of credit with loans on your fixed assets.
You
have a hedge against inflation.
When you lease equipment, you pay for it as you
use it. When you purchase, you pay in current
dollars for future use of equipment. So if inflation
continues, leasing can help provide protection
against future decrease in dollar value.
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