Leasing
aycan xray-print™ - Leasing
Please note: This leasing option is available within the U.S. only.
The following service is provided by:
Why Lease?
Leasing is A Major Source of Investment in New Equipment
More companies, particularly small companies, acquire new productive equipment through leases than through loans. Of the $668 billion spent by business on productive assets in 2003, $208 billion, or 31%, was acquired by American businesses through leasing. The average company earns 12% on every dollar of working capital that is retained.
Leasing works for any type of business
Every imaginable type of business and/or organization through out the world leases equipment, including proprietorships, partnerships, corporations, government agencies, religious and non-profit organizations. Over 80% of American businesses lease to obtain the equipment they need and nearly 90% say they would choose to lease again.
Make better use of capital
Conventional bank loans usually require more money upfront than leasing and often have restrictive covenants. Banks usually will require a 10%-20% down payment. Leasing generally requires only one or two payments upfront, which are applied to future payments.
Provide a hedge against inflation
As inflation or interest rates increase, monthly payments remain the same. Pay for today's equipment with tomorrow's money. In effect paying with cheaper dollars.
Finance 100% of costs
In most cases the full amount of the equipment as well as the shipping and installation costs and maintenance can be included in the lease. This spreads the costs out evenly over the term of the lease and frees up working capital for use in other areas.
Tailor a solution to meet needs
Leasing is flexible. Tailor the length of time and the amount of the monthly payments to meet desired business needs.
Tax advantages
Depending on the structure of the lease, the entire monthly payment including interest may be written off as a deduction for the whole term.
Little money down
Two payments are all that is needed to start a lease. (Vs. the 10%-20% banks require in a loan).
Protect credit lines
Bank credit lines remain open for other needs.
Off balance sheet financing
Leases are not required to be reflected on a balance sheet as debt, making your company more attractive to potential lenders.
Flexible payment plans
Unlike conventional loans there are a number of alternative payment cycles available.
For more information, please visit www.eqlease.com
