Top 10 Benefits of Financing to OWN Your OWN Insulation Machine!
- Use of Equipment – Leasing provides you with the equipment for an agreed upon monthly payment, so you’re able to pay as you use!
- Tax Benefits – You can deduct your monthly lease payment as an operating expense. Leasing also helps you avoid the Alternative Minimum Tax by reducing you AMT liability.
- Flexibility – Minimal down payment. You can structure payments to fit your budget.
- 100% Cost Coverage – You can include “soft” costs such as space planning & design fees, shipping and installation right into the lease.
- Conservation of Capital – If your money isn’t tied up in equipment costs, you’re free to spend it on other items such as inventory, advertising or personnel.
- Easier Cash Flow Forecasting – Fixed monthly payments help you budget money into the future.
- Fixed Payments – You can lock-in payments now and avoid the risk of inflation in the future.
- Preserves Credit – Leasing doesn’t tie up your line of credit. So you have more capital at your disposal when you need it!
- Longer Terms – Many banks only lend money short term – usually 12 to 36 months, while Leasing lets you extend your term up to 60 months.
- Purchase or Renewal Options – at the end of your lease, you may choose to purchase your equipment, upgrade to new equipment or continue to lease at substantial savings.
