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Why Lease?
The following are some of the most important reasons that companies consider leasing as an alternative to the purchase of equipment.
- Convenience - Leasing is a simple way to obtain 100% financing with less complicated documentation.
- Avoid Obsolescence - Lease terms can be set up to match the useful life of the equipment. This ensures that your equipment is always up to date.
- Asset Management - Leasing minimizes the distraction of valuable IT resources by building in the intervals for looking for new equipment.
- Pay as the Cash Flows - Let the new equipment pay for itself with increased productivity.
- Fixed Rate Lease Payments - Fixed payments provide accurate budgeting numbers for forecasting profitability.
- Capital Conservation - Save your capital for things that appreciate.
- Overcome Budget Limitations - Leasing can stretch your budget dollars to bring in the technology that you want, and need.
- Conserve Credit Lines - Leasing does not weaken your borrowing power. Your credit line is healthy and available for the unforeseen.
- Tax Benefits - Lease rental payments are made from pre-tax, not after tax, earnings. They may be fully deductible, consult your accountant.
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