Why Lease?

1. Keeping your Cash:  Cash remains untouched and available for other profitable purposes. Compare a monthly payment to a large cash payment.
   
   
2. Tax Savings and Improved Cash Flow:  The full cost of leasing can often be treated as an expense deduction for income tax purposes and may result in a larger tax deduction than would claiming a depreciation expense. This can mean substantial tax savings and improved cash flow.
   
   
3. Better Terms:  Lease payments usually can be extended at fixed payments over a longer period of time than conventional bank financing and without large down payments.
   
   
4. Master Lease with Simple Add-Ons:  Incorporate several equipment purchases into one lease and one payment. When other equipment is needed, simply add it on to the existing lease contract to keep one payment.
   
   
5. Leaves Credit Lines Untouched:  Leasing provides a non-conflicting source of credit, thereby increasing the customers’ borrowing base. However, when the equipment is conventionally financed it consumes available credit.
   
   
6. Cleaner Balance Sheet:  Lease payments may be entered as footnote items on a balance sheet and may not increase your liabilities as a loan does. This is important when obtaining additional credit.
   
   
7. Helps to Overcome Budget Limitations:  Since a lease is generally treated as an expense rather than as a capital expenditure, budgets can often accommodate a monthly lease payment more easily.
   
   
8. Customized Terms:  In many cases, a lease can be structured to fit your company’s cash flow; especially important for seasonal businesses.
   
   
9. Convenience / Simplicity:  A simple one-page Lease Application is usually all that is needed when applying for credit.
   
   
10. Equipment Pays for Itself:  Leasing allows the asset to be paid for as it generates revenue.