If it Appreciates, Buy It. If it Depreciates, Lease It.
Fact
Leasing helps you PRESERVE YOUR EXISTING BANK CREDIT LINES
How?
All businesses have access to limited credit lines at their banks. All businesses must keep their operating lines, demand loans etc. within their bank’s total exposure limit. By using the leasing program, you are opening a brand new non-bank credit line – one that normally requires no down payments and no outside collateral – while preserving your existing (and future) bank borrowing ability.
Fact
Leasing can provide you with SIGNIFICANT TAX ADVANTAGES
How?
Leasing may provide certain tax benefits for Canadian businesses. You should consult with your tax and legal advisors for advice on the potential tax benefits of leasing.
Leasing can help your business SELL MORE OF YOUR PRODUCTS.
Vendors, your prospects, with no capital expenditure, not even a down payment, can have the equipment when they want it, which is NOW! It is much easier to make a decision to write a check for $600.00 for the first month’s payment and deposit than one for $10,000. Furthermore, many purchasing agents, etc., cannot commit their company to a capital expenditure of that size, or have to put it in next year’s budget. That same purchasing agent can, however, commit to an operating expense especially when they can relate the monthly payment to a monthly cost savings. Vendor clients can use leasing to close a sale when the only roadblock left is price. Without Leasing Sales Can Slip Away
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