It's a fact of the business world - Every type of organization in the world currently uses some form of equipment leasing, including sole proprietorships, partnerships, government agencies and non-profit organizations. According to a recent survey, over 80% of US businesses lease at least one of their equipment acquisitions and of those, nearly 95% say they would lease again. Currently, over 35% of all business equipment is leased.

A lease is a contractual arrangement in which a leasing company (known as the lessor) gives a customer (know as the lessee) the right to use its equipment for a specified length of time (lease term) for a specified monthly payment. Depending how the lease is structured, the customer may purchase, return, or continue to lease the equipment once this agreement expires

1. Equipment Leasing offers 100% financing and more liberal terms than purchase. The Equipment pays for itself with the profits it generates.

2. Equipment leasing protects your company from having to keep obsolete equipment. Trade-in, add on, and upgrade capabilities, allow you to make the needed adjustments as your business grows.

3. The cost of Leasing is a business expense, and is therefore Tax Deductible for the life of the lease. This is usually shorter than the normally allowable depreciation schedule. In most cases, tax benefits of a lease transaction are more beneficial to a company than an outright purchase.

4. Financial Costs. Certain Expenses such as Installation, Freight, and sales tax may be included in a lease. Generally these items are not financed with conventional Borrowing.

5. Rather than tying up your bank line of credit, or using cash operating funds, Leasing allows an additional line of credit.

6. 80% of Business and Government agencies now Lease at least some portion of their equipment. Many major Corporations acquire Equipment Exclusively through Leasing.