The Basics on Leasing:
Who can lease?
Any sole proprietorship, partnership, corporation, or subchapter S corporation.
What can be leased?
New or used equipment used in a trade or business or held for the production of income.
What is the term of the lease?
A lease is usually structured from 1 to 5 years. In fact, 8 out of 10 businesses lease some or all of
their equipment. This is a lease to own.
Here are some Benefits of Leasing:
- Does not require a large up front sum of cash, which helps you conserve working capital.
- Allows you to manage your cash flows by locking you into one fixed monthly payment.
- Flexible lease payment terms designed to fit your company’s needs.
- Allows you to keep your existing line of credit available for other needs.
- Allows you to stay competitive by acquiring the latest technology today in an affordable
monthly payment.
- Leasing can provide a tax benefit because lease payments are often fully deductible as an
operating expense.
Quick and Easy processing for you:
Apply for
Business Lease Credit
Online Now.
- Personalized service with easy application processing for you.
- Quick response and very little paper work.
- 100% financing, all equipment costs, installation, delivery, and maintenance can be included
in your lease.