pros and cons of equipment leasing

The cost of business equipment is on the rise.

Business owners are looking for alternative ways that they can get the equipment they need.

Without having to empty out their business savings accounts or

mortgage their homes.

For a typical automotive repair shop, the

necessary equipment can run almost $100,000.

If you are starting a construction or other such heavy equipment company, multiply

that by more than 10!

Business owners look into an equipment lease program for the larger things that

you need.

But Is an equipment lease right for everyone?

Take a look at the PROS and CONS of an equipment lease and decide if it’s right for

your business.

New and better equipment.

Equipment can be upgraded easily.

Cost of equipment can be broken

down into monthly payments.

Less initial costs means more

money in your pocket to operate

your business.

Cost of leasing your equipment is usually deductible from your taxable

income.

Equipment leasing companies are in

charge of the maintenance of their leased equipment.

Leases last between 5 and 7 year allows

for the cost of assets to be claimed as

capital allowances.

More costs and fees.

Capital allowances cannot be claimed

for assets on leases that are less than 5

years.

An equipment lease is a binding and long

term contract.

As you can see…

PROSCONS

An equipment lease can get your business the equipment you need to stay COMPETITIVE and remain OPEN.

IF

TO LEASE EQUIPMENT

Look for a reputable

LEASING COMPANYthat has the

best equipment at

the best prices.

www.leasefunders.com888-308-7160