1. 100% Flexibility

Software, installation and other “soft costs” can be included in a lease.  Additionally, the lease can be structured to meet your exact needs.  If you have a seasonal business, consider a deferred payment plan or a “step” payment lease structure.

2. Low Initial Cost

Usually, only one or two payments are required at lease inception.  Bank financing typically requires a larger down payment. 

3. Conserve Capital/ Preserve Credit Lines

Your payments are often lower than with other types of financing.  Working capital remains available to grow your business.

4. Improves Cash Flow

Leasing allows you to pay for the equipment as income is earned from its use. 

These are only a few of the advantages of leasing.  Consult your tax advisor to find out how some lease payments can be treated as a fully tax deductible expense.