Our Services » Leasing

The key to running a successful business in today’s fast paced corporate arena is staying ahead of the competition. Always having the newest and most innovative approaches to business is an essential aspect of maintaining that competitive edge.

Here are a few of the ways leasing can benefit your company:

Conserve capital - Leasing means no down payment and no required compensating balances. Furthermore, incidental costs, such as sales taxes and installation charges, can be bundled into the lease rather than paid upfront.

Flexibility and Convenience - You can include many services in the lease payment, such as insurance, installation, engineering, maintenance, and taxes. Leasing generally involves less "red tape" and time than conventional financing. Additional equipment can be acquired without renegotiating existing loan covenants.

Avoids Capital Budgeting Constraints - You can acquire needed equipment outside of the capital budget. Lease payments can be paid out of the operating budget.

Fixed rate lease payments - Your lease payments are fixed for the life of the lease contract. Fixed payments enable you to more accurately predict equipment costs and cash needs.

Simplify Accounting - Lease payments are little more than a line-item in your monthly cost of operations — a minimal bookkeeping effort that frees you from time-consuming depreciation schedules.

Virtually Nothing Down - Where other types of financing require a hefty down payment, most lease agreements require an advance of only one or two months' payment. Bottom line is you can acquire what you need without tying up capital.

Tax Benefits - Lease rental payments are made from pre-tax rather than after-tax earnings. Lease payments may be fully deductible.

Alternate Source of Capital - Your existing bank lines of credit, which are limited, are not impacted. Leasing is a less restrictive form of financing.

Pay as the cash flows - Is your business seasonal, your business cycle predictable? Leasing is flexible. Customize lease payment schedules to fit your cash flow.

Avoid Equipment Obsolescence - You avoid the risk of owning equipment that is no longer technologically useful or valuable. This risk is assumed by the Lessor.