What exactly is business equipment leasing?
I often get asked, "What exactly is business equipment leasing?" Everybody seems to know what leasing a car for personal use is - but what about leasing equipment for your business? And I mean ANY kind of equipment....cars, appliances, construction material, aircraft, even office supplies, etc. Most people don't realize that they do not need to purchase the equipment or materials outright that they need for their business.
So here it is: business equipment leasing is your best option for financing those must-haves for your business. The advantages of leasing over outright purchasing are: 1) Leases can usually be fully written off, saving you significant tax dollars2) Use the equipment for profit and pay for the equipment as you use it - not up front
3) Leasing your equipment keeps the maximum amount of cash in your business, used to GROW your business
4) Leasing leaves credit lines untouched
5) Leasing allows you the flexibility to upgrade your equipment rather than forcing you to use outdated technology
Leasing can also finance the soft costs often associated with equipment purchases, such as installation and training services. Leases are also usually easier to obtain than funding through bank financing. How Easy is it to Obtain a Lease? A lot easier than you think (for leases less than $100,000) An application for a smaller lease is generally no more complex than a credit card application. Leases for more than $100,000 require detailed financial information from the business, and the leasing company conducts a more thorough credit analysis than it would for a smaller transaction. Apply Online Now

