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Home / TestUnlimited Financial Services / TestUnlimited Financial Services - Benefits of Leasing
TestUnlimited Financial Services - Benefits of Leasing
TestUnlimited Financial Services - Benefits of Leasing
1.
Equipment Leasing is the use of an Asset.

No business pays for its employees in advance; they pay people as they contribute. It should be no different with a contributing asset like business equipment. Leasing ena-bles you to pay as you go.

2.
Longer Terms.

Many banks only lend money for a short term, usually 12 to 36 months. In lease arrangements, the term can be as long as 60 months, and in some cases, even longer.

3.
Conservation of Capital.

Because of the sizable cash outlay involved in purchasing new equipment many businesses lease to conserve capital.

4.
Easier than Bank Loans.

Leasing programs and procedures are specifi-cally designed to take the red tape out of financing. A one-page applica-tion is often all that is required.

5.
Little or no Down Payment.

Special programs reflect the unique fi-nancing needs of specific industries. Small up-front costs make leasing very attractive.

6.
Fixed Payment.

Monthly payments on a lease are generally fixed for the entire term of the lease. This enables you to budget and manage equip-ment dollars for the months or years ahead.

7.
100% Financing.

Traditional methods of financing usually do not in-clude “soft costs” such as set-up or installation, service contracts and de-livery fees.

8.
Purchase Options are Available.

At the end of the lease you may pur-chase the equipment at an agreed upon price ($1.00, 10% or FMV) or simply return the equipment.

9.
Special Programs.

Marketing and pricing programs can be customized to reflect the different financing needs of various industries.

10.
Master Lease.

The master lease agreement provides for a “line of credit” to cover the acquisition of equipment over time from one or various ven-dors. The pricing is based on the total amount approved, thus giving low-er rates to even the smallest part of the lease package.

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