By leasing, you transfer the uncertainties and risks of equipment ownership
to the leasing company, which allows you to concentrate on using that equipment
as a productive part of your business.
Leasing offers numerous advantages over other financing methods:
More Working Capital
Leasing allows you to purchase the equipment and technology you need today
while spreading your payments affordably across time. This allows you to reserve
your capital for other day-to-day expenses. In addition, because a lease is
not considered a long-term debt or liability, it does not appear as debt on
your financial statement, thus making you more attractive to traditional lenders
when you need them
Conserves Capital with 100% Financing
Frees up working capital for more productive operational uses and business
opportunities. It also allows you to overcome capital budget restraints. Soft
costs such as freight, installation and tax are also covered for both new
and used equipment.
Preserves Credit Lines
Keeps bank lines of credit open for emergencies or opportunities and diversifies
Upgrade Easily to Minimize Obsolescence
Equipment can be returned or upgraded allowing you to keep up with technology
Fixed Interest Rates
Interest rates and payments are fixed to protect you against inflation or
stock market volatility.
Payments can often be delayed up to 120 days after you receive your equipment.
Skip months are also added for businesses with extreme seasonality.
Flexible Payments & Terms
No money down, extended terms, flexible payments, and equipment additions
and upgrades are all available.
Off Balance Sheet Financing
Qualifying leases may provide for off balance sheet accounting treatment,
thereby preserving your debt ratios.
Sales tax can be deferred over the lease term and payments reduce tax liabilities.
You should discuss these advantages with your accountant or tax advisor.
Quick credit approvals ensure that you get your equipment as fast as possible.
Simplified Documentation & Billing
Small ticket transactions require just a convenient one-page credit application.
LET UNCLE SAM HELP
PAY FOR YOUR NEW MACHINE!
If you are currently a small to midsize business that is looking to purchase
a new machine, why not take advantage of changes made to IRS Code Section
The new changes include:
Full $100,000 first year expensing for 2003
Software fully depreciable in the first year
Part time businesses can not only count net profit from the business, but
can also include salary from another job and a spouse's salary if married
You can amend your return after discovering it is more appropriate to forgo
the 179 deduction. In other words, you can change to a multi-year depreciation
schedule if you find yourself in a higher tax bracket the following year.
There's no problem in doing this.
This is a great opportunity to reduce your tax burden and get new equipment
that will make you more productive. Don't give all your hard-earned tax money
to Uncle Sam when you can put it toward making your business more efficient
and even more profitable.
As always, consult your tax advisor or accountant about your specific tax