"Leasing... one of the few remaining sources of fixed rate financing... there are clearly substantial economic attractions to leasing beyond tax benefits." - Forbes

Leasing is a valuable financing tool that allows you to maximize your purchasing power. Leasing often becomes the most attractive financing method when all of the benefits are investigated. When choosing financing for your next equipment acquisition, review the following benefits that may make leasing the choice that is right for you.

1. Conservation of capital. With leasing, there is little or no down payment required which provides you with more cash to invest in revenue-generating activities or other profitable opportunities.

2. Preservation of credit lines. Leasing allows you to preserve the available credit from your bank for working capital, operations, expansion and acquisitions. When financing equipment through your bank, you exhaust credit available for other uses.

3. Total financing. All of the cost of acquiring a piece of equipment can be financed through a lease program, including freight, installation, and other similar charges.

4. Flexibility. As your business grows and your needs change, you can add or upgrade at any point during the lease term through add-ons or master leases. If the nature of your industry demands that you have the latest technology, leasing can help you acquire needed equipment and maintain cash balances.

5. Customized solutions. A variety of leasing products are available, allowing you to tailor a program to fit your month-to-month or year-to-year cash flow needs. We are able to customize a program to address your needs such as cash flow, budget, transition structure, or seasonal fluctuations.

6. Asset management. A lease provides the use of equipment for specified periods of time at fixed payments. At your option, disposing of the equipment at the end of the lease can be our responsibility. You never have to worry about selling outdated equipment.

7. Greater budget flexibility. Often decision-makers are limited by capital budget constraints and are unable to replace aging equipment. Most leasing plans can be structured to accommodate available funds, helping you acquire more than capital expenditure ceilings might otherwise allow.

8. Convenience. Leasing can allow you to respond quickly to new opportunities with minimal documentation and red tape. Your application can be approved within days and you can have your equipment shortly thereafter.

9. Flexibility with loan covenants. Depending on the language and intent of covenants in your existing loan agreements, leasing may provide financing not available through conventional means.

10. Hedge against inflation. When you purchase equipment, you must rely on the depreciation to recover some of your cost. This will be done with tomorrow's inflated, less valuable dollars. In addition, many credit lines are often tied to variable rates. Lease payments are fixed for the term of the lease, allowing you to continually decrease the real cost of your financing because you are paying with tomorrow's eroded dollars.