Equipment Leasing & Financing
What is Equipment Leasing & Financing?
Equipment leasing is very common in the commercial world. It consists of lending for computers through to heavy machinery. Buying or leasing depends largely on the type of business you are in. The advantages of leasing can include: making lower monthly payments than you'd have with a loan and having a fixed financing rate instead of a floating rate. There may also be tax advantages, such as conserving working capital and avoiding cash-heavy down payments along with the ability to gain immediate access to the industries most up-to-date business tools.
Why Leasing & Financing?
Leasing and Financing has many advantages they may include: tax benefits, avoiding upfront capital expenses and being able to use operational expenditure instead of capital expenditure.