Businesses; why consider lease financing?
➤ CONSERVE WORKING CAPITAL
Purchasing equipment can require a large cash outlay.
Leasing offers deferred payments, step plans, seasonal payments, no money down, etc.
➤ TAX BENEFITS
Lease approvals can establish an additional line of credit that does not affect your bank lines.
➤ EASIER THAN BANK LOANS
Lines of credit are established in a matter of hours with minimal information and no collateral. No long forms, just 100% financing.
➤ FIXED PAYMENTS
Unlike financing which may have floating interest rates, lease financing has fixed payments.
Lease financing is popular with;
- Nonprofit organizations
- Apartment buildings
- Office buildings
- Municipal buildings
- Residential homes with commercial zoning