WHY LEASE?

American Businesses Choose Leasing

When it comes to acquiring equipment, we know that you have a few alternatives. Here are ten reasons why 8 out of 10 American businesses have embraced leasing to finance their equipment.

1. Conserves Capital - Frees up working capital for more productive operational uses and business opportunities. It also allows you to overcome capital budget restraints.

2. Preserves Credit Lines - Keeps bank lines of credit open for emergencies and diversifies your credit.

3. 100% Financing - No down payments are required and soft costs such as freight, installation, and tax are covered for both new and used equipment.

4. Hedges Obsolescence - Equipment can be returned or upgraded allowing you to keep up with technology advancements.

5. Fixed Interest Rates - Interest rates and payments are fixed to protect you against inflation or stock market volatility.

6. Off Balance Sheet Financing - Certain qualifying leases may provide for off balance sheet accounting treatment, thereby preserving your debt ratios.

7. Tax Advantages - Sales tax can be deferred over the lease term and qualifying payments reduce tax liabilities. You should discuss these advantages with your accountant or tax advisor.

8. Flexible Payments and Terms - No money down, extended terms, flexible payments, and equipment additions and upgrades are all available.

9. Fast Approvals - Quick credit approvals ensure that you get your equipment as fast as possible.

10. Simplified Documentation and Billing - Small ticket transactions require just a convenient one-page credit application.

Call Us Today to meet with your bankers.