“If it appreciates… buy it.
If it depreciates… lease !”
J. Paul Getty
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.
Does not require additional collateral.
Usually requires a short credit application.
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 SPECIAL opportunity that might present itself.
Convenient and Flexible
AFFILIATED Equipment Financing, Inc.