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Why You Should Consider Leasing Your Equipment?
 
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Why You Should Consider Leasing Your Equipment?

Q:I am purchasing a new piece of equipment for my company. Last time I bought new equipment I made the mistake of sinking $75,000 into machinery that became obsolete before I paid off the bank. I have heard that leasing, rather than an outright purchase, is a smart way to go. What are the advantages of leasing as opposed to an outright purchase?

A: Many business owners are finding that leasing new equipment is the most cost effective way to make that new acquisition. Faced with the limited choices a company has when purchasing new equipment, leasing serves as a tool that allows the equipment to pay for itself.

When it comes to acquiring equipment, there are a few alternatives, you can pay cash, use you existing bank line of credit, or lease. There are a number of reasons why 8 out of 10 American businesses have embraced leasing to finance their equipment. Among the many reasons are that leasing...

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

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

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

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

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

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.

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

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

The fact of the matter is that purchasing equipment is essential to any business. Why spend your hard-earned money or limited bank line on a piece of equipment that begins depreciating the moment it is delivered. Use leasing as a tool to make you more money. Use your cash or credit line for the aspects of business that can’t be leased, marketing, payroll, materials… Leasing is a tool that allows you to use someone else’s money to make you money.

For more information, contact Jacob White, Capital Network Leasing Corporation, 877-980-0558, 818-980-0558, Fax: 818-980-4560, E-mail: jwhite@capitalnlc.com, Web: www.capitalnlc.com.

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