If it Appreciates, Buy It. If it Depreciates, Lease It.
Leasing gives you MORE PURCHASING POWER
How?
By purchasing equipment with cash or borrowed funds, sales tax must be paid up front. For example, if you have $100,000 available in cash or through a bank loan, you could only purchase approximately $88,495 worth of equipment, as the other $11,505 would go toward the payment of taxes
What Exactly is a Lease?
A lease is a contract between two parties, the leasing company or “lessor” and the customer or “lessee”, where the lessor acquires equipment that is chosen by the lessee from an equipment supplier that is usually chosen by the lessee, and then the lessor leases the equipment to the lessee for [...]
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.
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