Financing & Leasing

Financing preserves cash, protects credit lines, and is eligible for tax benefits. It also helps you budget monthly expenses.

There are some cases where outright buying equipment makes sense, but at the rate technology is evolving you may end up owning an obsolete system. Ask yourself two questions to determine whether financing is right for you.

• How else can you use your cash or credit lines? Many companies use cash to hire new employees, invest in marketing and future company growth, or for unforeseen emergencies.
• Are you prepared to make another capital investment to upgrade this system in 3-5 years? Financing puts you on a monthly budget, and by the time the system is outdated, you will be able to upgrade an already budgeted item and keep a comparable monthly payment.

According to the Equipment Leasing & Finance Association, 7 in 10 businesses in the United States use some form of financing to acquire equipment (excludes credit cards). Financing provides benefits to businesses large and small.

We provide financing with no money down on most transactions. Bank loans or credit lines will often require money down to initiate the transaction.

Customers typically choose between $1 Buyout, Fair Market Value, or rental agreement. Many customers choose a rental program to keep their technology current, and for operating expense benefits.

Typically, a $1 buyout lease is a capital purchase. It is recorded on your books as an asset, and you can benefit from the Section 179 tax break. However, if you are looking for something that you can treat as an operating expense, renting the equipment through a finance rental agreement could be the best option. Check with your accountant to see which benefits suit you best.

Yes, adding equipment to your agreement during the term is simple. Most times, add-ons are co-terminus, making the new payment end at the same time as the original lease.