Convenient and Flexible
You pay for your equipment with tomorrow’s potentially cheaper dollars and it is fixed rate financing.
Can possibly be avoided.
When properly written, a lease can keep debt off of the balance sheet and significantly improve the return on investment ratio.
See IRS Sec 179
Lease/Financing costs come out of before-tax dollars, not after-tax profits.
Cash isn't’ tied up in equipment. It is free for income producing investments, including, sales, marketing, real estate, or for just an opportunity that might present itself.
“If it appreciates… buy it.
If it depreciates… lease !”
J. Paul Getty
Usually requires a short credit application.
Does not require additional collateral.
AFFILIATED Equipment Financing, Inc.
Bank Credit Line remains available for other needs.
Whatever the equipment is you need to "Grow your Business",
lease/financing may well be the best way to acquire it.