Advantages of Equipment Leasing
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- Leasing permits up to 100% financing. You may even include tax, freight, and installation.
- Leasing frees up working capital. Payments are made from pre-tax dollars rather than after-tax profits.
- Leasing doesn’t disturb present bank lines. It leaves these lines open for inventory, cash flow, or expansion.
- Leasing can offer flexible terms that suit your business needs. It can structure “seasonal” or “start-up” adjusted payment schedules.
- Leasing is a service-oriented method of financing. Your credit can be approved normally within two business days.
- Leasing allows you to pay for your equipment from the future savings and profits produced by the equipment, therefore allowing the equipment to pay for itself.
- Leasing may not appear as liability on your balance sheet.
- Leasing may provide a faster tax write-off for your company.
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