9 Good Reasons to Lease
- COVER ALL EQUIPMENT COST - No need to obtain financing elsewhere.
- CONSERVE WORKING CAPITAL - Cash isn't tied-up in equipment. It's free for income-producing investments.
- PRESERVE BANK LINES - Credit remains available for other needs.
- SAVE ON TAXES - You save initially because leasing costs come out of before-tax dollars, not after-tax profits.
- SIMPLIFY ACCOUNTING AND DEPRECIATION RECORDS - Leasing costs are tax deductible.
- AVOID RAPID OBSOLESCENCE - The most modern equipment is always available and up-dating is easy. So you can always be at your competitive best.
- FIGHT INFLATION - Leasing costs remain the same, no matter how much prices rise. You pay for today's needs with tomorrow's dollars.
- KEEP EQUITY INTACT - There is no need to issue stock or sell part of the company to raise capital.
- EXPAND, REPLACE EQUIPMENT - Since no capital investment is involved, expansion and replacement of equipment may happen more quickly.
While leasing can provide you with many benefits in acquiring your equipment, let's look at some common questions that arise in regards to the benefits of leasing.
