Fact is, 8 out of 10 businesses use leasing to acquire their equipment. The two biggest reasons are affordability and technological obsolescence.
Here are 10 other reasons why leasing works for you:
- Low Monthly Cost
- Tax Benefits
- Upgrades & Add-Ons
- 100% Cost Coverage
- Conservation of Capitol
- Supplies & Maintenance
- Fixed Payments
- Preserves Credit
- Flexible Payments
- Flexible Lease End Options
- Pay as you use the equipment, not all at once.
- Deduct monthly payments as Operating expense.
- Ability to make changes if business needs change.
- Cover all incidental costs.
- Spend cash on other items such as advertising, inventory or personnel need to grow business.
- Makes budgeting equipment easier over the term when everything is bundled.
- Payments are locked in to avoid risk of inflation.
- Doesn’t tie up lines of credit.
- Structure payment plans that work for cash flow needs.
- Options are available-upgrade, return, or purchase.