Because of its flexibility, leasing can benefit all types of
companies: large and small, public and closely held, high tech and industrial,
established and start up.
Leasing is also an appealing alternative for municipalities and non-profit
organizations. Leasing offers numerous advantages over traditional financing
methods, such as cash purchase or bank financing.
What is a lease? |
An equipment lease is a written agreement through which the owner (Lessor),
of a piece of equipment gives the user (Lessee) the right to use that
equipment for a specified period of time for an agreed upon payment.
Over the past 25 years, leasing has become the fastest growing
method of accessing capital equipment for American businesses. |
Advantages of Leasing |
Leasing Provides You With “One Stop
Shopping”
You can select all of the equipment you need from any combination of equipment
vendors. If you’re looking for computers, then consider including
the necessary desk or modular office furniture on the lease application.
This mixing of equipment types is acceptable for all configurations, whether
the equipment is related or not. |
Leasing Conserves Capital
Leasing offers 100% financing, and unlike a bank loan, requires little
or no down payment. Taxes, delivery, installation/training, and other
costs not typically financed by a bank can be included in the cost of
the lease. |
Leasing Preserves Credit Lines
Leasing provides an additional source of funds, which supplements existing
credit lines. Your available capital is increased because other credit
lines are left unencumbered for operations, expansion and acquisitions. |
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