Equipment leasing is a superb way to grow your business without major out of pocket expenses.
Leasing offers several advantages including:
In the current economic environment, the luxury of having smaller, long-term fixed payments can give you and your business much needed peace of mind. Equipment leasing payments are fixed for the entire term and will not change with constantly fluctuating interest rates.
Additionally, lease payments may be fully deductible. The cost of Leasing is a business expense, and is therefore Tax Deductible for the life of the lease. This is usually shorter than the normally allowable depreciation schedule. In most cases, tax benefits of a lease transaction are more beneficial to a company than an outright purchase.
Contact us for more information to help you decide if leasing is the right option for you.