Equipment Leasing
Equipment ownership is not a fit for all businesses. Particularly when the purchase decreases in value over time. Owning provides no tax advantages.
Why Lease?
Leasing doesn't appear as long term debt which allows your financial statements to show more favorably. Paperwork requirements are minimal and approval is often given the same day. End of lease terms include trade in or purchase at a greatly reduced price. Other benefits of leasing include:
- Payments that are 100% tax deductible
- Fixed rates
- Fixed payment schedule
- Addition of maintenance agreements and software
- Installation and upgrades to reduce obsolescence
- Avoidance of risks associated with ownership
- Flexible end of lease options
Factoring
Cash flow problems can actually be a sign of healthy growth. The lack of cash to support this growth is the number one cause of hurting an otherwise profitable company. Factoring allows the business to convert outstanding invoices into a viable cash source. Other benefits of factoring include:
- Fast and simple setup
- Flexible and adaptable to the changing business environment
- 70-80% of your receivables converted to cash instantly
- Enhanced vendor relationships due to timely payments
- Low risk and no upfront cash expenditures
CLIENT PROFILE/REQUEST FOR PRICING