Leasing Advantages
- You can retain your working capital, allowing you to use that cash to grow your business.
- You can get the equipment you business demands NOW, rather than waiting until you can budget for the large cash expenditure.
- Your equipment never becomes obsolete because you can get the newest technology when your lease expires.
- Leases may be tax deductible.
- When structured properly, leases may not be disclosed as a liability on your balance sheet.
- Under
a properly structured tax lease, lease payments are generally
deductible for Federal tax purposes as the lease is considered a rental
expense.
- You can have access to equipment with no down-payment.
- Leasing keeps your lines of credit open to use for inventory, marketing, or emergencies.
- You will have a fixed rate payment and are not subject to interest rate fluctuations.
- The leasing application process is fast and easy.
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