Why lease? Here are some good reasons:
- Low Monthly Cost
Leasing provides you with use of the equipment at a low monthly cost and with flexible structuring options, so you're able to pay as you use it. - Potential Tax Benefits
You may be able to deduct monthly lease payments on true leases as an operating expense. (Consult your tax advisor.) - Flexibility
You structure payments to fit your budget. And if you have multiple leases, keeping track of them is easy because you'll receive one consolidated monthly invoice. - 100% Cost Coverage
You can include limited "soft" costs such as shipping, software, and installation right in the lease. - Conservation of Capital
If your money isn't tied up in equipment costs, you're free to spend it on other items, such as inventory, advertising, or personnel. Leasing will also help you maintain the availability of your bank credit lines. - Fixed Payments
You can lock in payments now and avoid the risk of inflation in the future. - Purchase or Renewal Options
At the end of your lease, you may choose to purchase your equipment, upgrade to new equipment, or continue to lease it at a substantial savings.