Have you weighed the benefits of leasing vs. buying equipment for your business? While every business owner has their own needs for their business, there are a few ways to decide if business equipment leasing is better than buying equipment outright. For many, leasing equipment provides a lower risk, greater flexibility, and manageable budgeting opportunity.
As a result, equipment leasing is a popular choice with small businesses looking for a better way to finance their business. At (name of company), we have spent years helping business owners understand and benefit from the advantages of equipment leasing. Below, are just a few of those benefits.
Because we have full rights to our equipment, we are able to create flexible payment schedules for our clients. It is not uncommon for us to provide financial support with a minimal down payment. Lease terms commonly range from 24 to 60 months. If our customer needs to alter these options, we are happy to find options to accommodate them.
For many clients a portion of leasing payments can be written off. We’ll work with you to find the best tax-advantages in your agreement. Speak with your accountant regarding tax benefits and abilities for your business, and we’ll work with you to find the best combination of financial products to allow you to lease your equipment instead of buying it outright.
If you want to make your money work for you, then saving where possible is critical. You can use your money in other places to invest in your business if you save on leasing. Those other areas of investment might include adding staff or marketing your business. Save your cash for hard times, by leasing your equipment.
Save money, get tax write-offs, get financing and enjoy flexible payments with business equipment leasing.