leasing the right choice for your next equipment purchase?
What to Know When Looking for Equipment
No business pays their employees in advance. Employees are paid
as they contribute. It should be no different with a contributing asset,
like business equipment. Leasing enables you to pay as you use.
Many banks only lend money short term, usually 12 to 36 months.
In lease arrangements, the term can be as long as 60 months. In some cases
it can be even longer.
CONSERVATION OF CAPITAL
Because of the sizable cash outlay involved in purchasing new
equipment, many businesses lease to conserve capital.
THAN BANK LOANS
Leasing programs and procedures are specifically designed to take
the red tape out of financing.
NO DOWN PAYMENT
Special programs reflect the financing needs of specific
industries. Small up-front costs make leasing very attractive.
Monthly payments on a lease are generally fixed for the entire
term of the lease. This enables you to budget and manage equipment dollars
for the months or even years ahead.
Traditional methods of financing usually do not include "soft"
terms such as installation, service contracts and freight. A good lease
transaction includes all of these, thereby allowing you to finance the total
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Leases are written by an unaffiliated financing corporation.
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