Benefits of LeasingConvenience Leasing is often more convenient than alternate means of financing. Lease approvals up to $250,000 typically require a simple one-page credit application.

Frees Up Cash: Leasing provides 100% financing - including items such as shipping, installation, software, and training. There is no need to tie up valuable working capital - making it available for more profitable opportunities such as adding sales personnel, increasing marketing or taking advantage of quantity discounts. A good general rule is to invest Cash and Working Capital on things that Appreciate (i.e. sales people, real estate) and to Lease items that Depreciate (i.e. equipment). Just as you would never pay an employee their full annual salary in advance, leasing allows you to pay-as-you-earn.

Preserves Bank/Credit LinesLeasing preserves existing lines of credit for previously earmarked projects, short term or seasonal needs and other financial priorities, while at the same time creating another valuable credit source.

Low Down Payments: In contrast to bank loans, leases do not require substantial down payments or compensating balances, do not have floating interest rates or restrictive covenants, and can usually be structured for lower payments. Bank loans will typically allow for the note to be arbitrarily called and/or require a cross collateralization of business and personal assets.

Saves on Taxes: Very simply, lease payments can be set up as a direct operating expense, paid from pre-tax dollars versus after-tax profits.

Fixed Monthly Payments A predetermined lease payment schedule permits a lessee to more accurately predict its future equipment costs and cash needs. In addition, by leasing major equipment items, a lessee knows the exact amount of future payments and avoids the risk of fluctuations in the cost of funds.

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