BENEFITS OF LEASING
Today, eight out of ten American companies from small to the Fortune 100 rely on leasing to acquire their assets. They recognize the value of their equipment comes from using it, not owning it.
Build Capital Strength
Leasing lets you purchase the equipment and technology you need today while spreading your payments over time. You’ll pay as you go, not up front, freeing up capital for investment or other business expenses instead of tying it up in fixed assets.
If the nature of your industry demands that you have the latest technology, an operating lease can help you get the equipment you need and keep your cash. Lease equipment that you expect to depreciate quickly. Your risk of getting caught with obsolete equipment is lower because you can upgrade or add equipment to meet the constant changes in technology.
100 Percent Financing
With leasing there is very little money down, perhaps only the first and last month’s payment are due at the time of funding. Since a lease does not require a down payment, it is equivalent to 100 percent financing.
Preserve Your Credit Lines
With leasing you’ll have a new source of credit for your needs today and tomorrow while keeping your bank lines open for other uses.
Gain Tax Advantages
Leasing may offer key tax advantages that reduce the cost of obtaining equipment. Depending on your lease, you may be able to write off the entire monthly payment as an operating expense or capitalize the outlay. Consult your tax adviser about your special situation.
Wasco Capital Services, LLC
55 Harristown Road
Glen Rock, NJ 07452