EQUIPMENT LEASING

Equipment Leasing

Like factoring, one of the primary benefits of leasing is that it improves your cash balance and cash flow. It takes less cash up-front to lease equipment than an outright purchase with cash or borrowed funds. Monthly lease payments can also be lower than loan payments.

However, unlike factoring, lease financing is contingent upon your credit score. That's because a lease obligates you to make monthly payments no matter what.

Since the credit crisis hit, it is more difficult to get any kind of financing. That includes leasing. We can refer you to lessors who may be willing to finance your equipment.

No Down Payment

You can finance the entire cost of the equipment. There is no down payment. Typically, your up-front cost amounts to the first and last payment on the lease.

Tax Advantage

The tax advantages of leasing may be superior to purchasing equipment.

We can provide you with a cash, versus loan, versus lease analysis for acquiring needed equipment.

For the current tax treatment of leases though, please consult your tax adviser.

What is "Equipment"?

A lease can be for many things that are not typically considered to be equipment. For example, expensive software and storage tanks may be acquired with a lease.