Leasing Information

Leasing equipment has many advantages:
 
  • Lease payments are generally 100% tax deductible
  • Leased equipment is paid for through earnings rather than equity within the company
  • Leasing conserves working capital by providing 100% financing
  • As an alternative source of funds, leasing preserves existing bank lines of credit which should be utilized for short-term needs such as inventory
  • Technological obsolescence of some equipment can be avoided by replacing or upgrading equipment under the lease
  • Interest rates are fixed so that unattractive long-term floating rates can be avoided
  • Leasing is more flexible with regards to the term, amount financed, and payment structure
  • Because leasing is a fixed cost, budgeting and planning are simplified for the business owner

 

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