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Benefits of LeasingLeasing is easy and covers 100% of the equipment cost. A large down payment isn't necessary. Typically, a security deposit equal to two months rental payments is all that is required. In 30 days, your rental payments begin.Preserve bank credit lines. Your lease doesn't affect your existing borrowing limits with your bank. You still have 100% of your credit available for other needs. Avoid rapid obsolescence. Because updating is so easy, the most modern equipment is always available. Conserve working capital. Cash isn't tied up in overhead, it's free for income producing investments. Or, your cash savings may be reinvested in your business to create earnings which may reduce the net cash cost of leasing. Leases may have accounting benefits. Monthly payments may be fully deductible as operating expenses rather than accounting for the equipment as an asset. Back... |
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