Explore the benefits of leasing vs. buying equipment to help choose what’s right for you.
Leasing equipment offers business owners flexibility, lower risk and expense-side predictability and is a popular way to finance small business growth.
In most instances we only ask for the first rental payment in advance which is uncommon in our industry.
We work with you to design a payment plan that suits you and your business.
Our leases are written as rental agreements and in many instances 100% of the monthly rental can be written off. Talk to your accountant about the tax benefits you may be entitled to.
Leasing keeps your financials healthy and your business growth on track.
We work with you to design a payment plan that suits you and your business.
Securing a contract often relies on securing certain equipment. We provide you with financing faster than anyone else in the business.
Start by filling out an application and providing us with a background of your business and the equipment you want or need. Once your credit application is approved and a lease agreement is in place, we finalize the purchase and you to get to put your newly acquired equipment to work.
Equipment lease payments do often have tax advantages for business owners. Check with your accountant regarding your eligibility for deductions.
Leasing keeps your financials healthy and your business on track by allowing you to keep your cash in your business – working for you instead of tied up in a piece of equipment. Leasing also has potential tax advantages versus a lump sum purchase.
An equipment lease agreement is a contractual document that defines the agreed upon terms of our deal: term, payment, conditions, end-of-term purchase option etc.
A lease has more potential tax benefits than financing because it is written as a rental agreement, and in many cases, 100% of the monthly rental can be written off as a rental expense. When financing equipment, only the interest amount is tax deductible. Check with your accountant for details on your specific situation and for current tax information.