Why Should You Lease?

Leasing is Flexible. Companies have different needs, different cash flow patterns and different levels of income. Leasing enables you to keep your bank lines of credit open and leasing avoids commitment to equipment that may quickly become obsolete. Your specific business conditions - cash flow, debt strategy and tax situation - will help define the terms of your lease.

Leasing is Practical. By leasing, you transfer the uncertainties and risks of equipment ownership to the lessor, which allows you to concentrate on using that equipment as a productive part of your business. A lease provides the use of equipment for specific periods of time at a fixed payment schedule, giving you greater flexibility in managing your equipment.

Leasing is Cost Effective. Equipment is costly and some of the costs are unexpected. When you lease, your risk of getting caught with obsolete equipment is lower because you can upgrade or add equipment to best meet your needs. Your equipment needs can change over time due to changes in your company and leasing allows you to stay on the cutting edge of technology.

Leasing has Tax Advantages. Under a true operating lease, you simply make the lease payment and deduct it as a business expense. Consult your tax accountant to further detail the operating lease for your company and situation.

Leasing helps Conserve your Operating Capital. Leasing keeps your lines of credit open. You don't tie up your cash in equity and you avoid costly down payments.