1. WHY IS LEASING PREFERRED?

Here are a few reasons why leasing has merged as the most popular form of equipment financing:

100% Financing. That means no money down when you lease, whereas most bank loan require a large down payment which many companies cannot afford.

Credit Scores. Keep your revolving balance low & your revolving availability high - increasing your credit scores.

Longer Terms. Most leases can be written for sixty months or longer, whereas most bank loan are for shorter terms.

Tax Benefits. Leasing equipment is a deductible expense resulting in maximum tax write-offs without the necessity of keeping interest and depreciation schedules.

Preserves Credit Lines. A bank is only going to loan a company a certain amount of money. Therefore, if part of the credit line is being used for equipment loans, less money will be available for future financial needs. Loans restrict a company’s borrowing capacity, while leasing expands it.