Leasing is the right choice! Leasing is one of the fastest growing
ways of acquiring equipment in business today. Recent surveys found
that 80% of Canadian businesses, from Fortune 500 to the local family
business, lease some portion of their equipment. A growing business
often faces the dilemma of limited cash flow and the need to add
equipment. Leasing can put the equipment to work for you with real
cash flow advantages and without major capital investment. We can
lease virtually any type of equipment, including software and
installation. Low monthly payments The monthly lease payment will
usually be lower than the payment required by other methods of
financing. No need to tie up capital Keep your business’ cash for
future needs, unexpected expenses or working capital when revenues are
low. You can always lease equipment – you can’t lease money! Most
types of financing require down payments of up to 25%, whereas leasing
covers 100% of the cost of the equipment. Most leases require only one
or two payments in advance. Get immediate use of the equipment with
minimal up-front cost. Preserve existing lines of credit Leasing has
no impact on your bank credit lines. Protect your borrowing power for
other business needs or opportunities. Eliminate obsolescence
Technology is changing at a rapid fire pace. What meets your business’
needs today may be obsolete three years from now. Leasing allows you
the flexibility to maintain a competitive edge by giving you today’s
best technology then allowing you to upgrade when the equipment has
outlived its advantage. Fixed payments through the term of the lease
Unlike bank lines of credit that usually have variable rates, lease
payments are fixed no matter what happens in the market. By choosing
leasing you won’t be a victim of skyrocketing interest rates. Remember
the 80’s when rates rose from 9% to over 20% in one year? That can’t
happen with leasing. Significant tax and accounting advantages Leasing
eliminates the need for complicated depreciation schedules since lease
payments are generally line item expenses on your P&L statement. And
since lease payments can usually be treated as a pre-tax business
expense you may even reduce your taxes. Paying cash for equipment
automatically adds 30-40% to the cost when you realize that cash =
profits and taxes are paid on profits. Leasing is the right choice! It
minimizes demands on cash flow, eliminates obsolescence, keeps your
bank lines open, saves on taxes and shelters you from the market Call
1-888-806-8070 Ext 127
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