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Benefits of Leasing Much better than buying or
financing, leasing is the easiest and most affordable way to get the
equipment your business needs. Approximately eight out of 10 businesses
today lease their equipment. Here’s why:
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| 1. | 100 Percent
Financing. By
leasing, you can get the equipment you need with little or no down
payment. You can even finance shipping, installation, and other related
charges. |
| 2. | Equipment
Obsolescence. You never
have to worry about loading and unloading the equipment. When you are
finished with the equipment or ready for an upgrade, you can trade it in
for newer equipment with no hassles. |
| 3. | Preservation of
Working Capital and Lines of Credit. Because you can lease the equipment you need with
little or no down payment, you preserve your company’s working capital and
lines of credit for other uses. |
| 4. | Natural
Flexibility. There are
numerous types of leases available, and each one can be customized to help
you get the equipment you need for as long as you need it, at the price
that fits your company’s budget. |
| 5. | Improved
Purchasing Power.
Leasing typically allows you to acquire more expensive and sophisticated
equipment than you would be able to purchase with a loan or cash. |
| 6. | Fixed Monthly
Payments. With
fixed monthly lease payments, your company enjoys simplified planning,
budgeting and accounting. |
| 7. | No Restrictive
Contracts.
Typically, lease agreements do not contain the restrictive covenants that
are often included in many types of loan and bond documents. |
| 8. | Improved Efficiency and Production. Having the right equipment is essential to running an efficient and productive business. Through leasing, you can have the new equipment you need, when you need it, at a price you can afford. Because you’re only paying for the use of the equipment rather than ownership of it, you’re able to build your business without blowing your budget. |