Preserve your cash. Maintaining ample cash reserves in your checking account should be a top priority for accompany of any size. Leasing allows you to conserve your cash for the times you need it most.
Set up payments to meet your budget, but start using the the equipment now. Monthly payments help you start increasing revenues quickly.
Tax Advantages. Leasing provides your company with substantial tax advantages you can't achieve when you pay with cash or finance via a traditional bank loan. Write off 100% of the lease payments as an operating expense.
Conserve Bank Lines. If your company has been successful in establishing a borrowing relationship with a bank, leasing allows you to keep your credit line open. Again, you are preserving your credit line to support your company's ongoing cash flow needs.
Estimate and compare payments for leasing vs. buying with this online calculator tool. Contact Kirk with any questions you may have.
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