Here are some reasons why equipment leasing may be the better choice
when it comes to acquiring new equipment.
With equipment leasing, there is a low fixed rate.
Some loans do not offer a fixed rate, and loan rates are typically much
higher than leasing rates.
Leasing is usually completed within 2 business days
with the help of our professional leasing
agents. A loan can take several days or possibly even weeks before
you even hear back from the loan officer.
Low Down Payment
Typically, equipment leasing requires only that you
pay 1-2 payments upfront. Those payments are then applied to your balance.
With a loan, banks generally require 10-20% of the total price of equipment.
Financial Statements Unnecessary
With leasing, inclusion of your financial
statements is generally unnecessary if your transaction amount is below
$150,000. With loans, financial statements are almost always necessary.
A Hedge Against Equipment Obsolescence
Operating lease payments can be 100% tax deductible if
they are declared as an operating expense. With loans, depreciation can
only be taken over the length of the equipment's useful life.
If you fear your equipment may become obsolete, a lease
does not require that you purchase the equipment.
Access Equipment Leasing
3972 Barranca Pkwy
Call Toll Free: 1-866-546-8258