Welcome to the Equipment Leasing Source
If you're looking to find the best possible equipment leasing service based on your specific requirements, you've come to the right place.
Our goal is to make the entire process of equipment leasing fast, easy and cost-effective for your company.
Advantages of Equipment Leasing
Did you know that 8 out of 10 businesses in the US now lease some or all of their equipment? (Source ELFA)
The reason is because leasing equipment has some key advantages for many businesses compared to purchasing equipment.
Here are some of the top advantages:
- 1) Convenience: With an equipment leasing company you will NOT need to have years of banking and credit history and a detailed business plan (like typical bank financing). This means you will get the equipment you need faster and with less hassles. Additionally, with an equipment lease you will be able to finance the costs of delivery, installation, service and maintenance.
- 2) Significant Tax Savings: Your monthly lease expenses can be deducted as a part of the current year, rather than being depreciated over several years as is the case with equipment purchased with a loan. Of course, you'll want to talk to your accountant to get professional advice on the best tax saving strategies for your situation.
- 3) Improved Net Worth and Business Financials: Equipment purchased with a loan is considered a debt; whereas, monthly payments made on a lease are considered an expense. Because of this, equipment leasing services can be a smart financial move for many companies.
- 4) Access To The Best In Breed Technology and Equipment: With the acceleration of the speed of innovation and technology, making a long-term purchase in equipment can handicap a business. The equipment leasing option will allow you to upgrade your systems and technology every few years.
And perhaps the most compelling reason of all is that equipment leasing allows you to grow your business without significant out-of-pocket expenses. It gives you the flexibility to capitalize on trends and opportunities so you realize greater market share and profits.
Get FREE, No-Obligation Information On The Best Equipment Leasing Options
To discover more of the benefits of equipment leasing and determine if it is right for your business, please fill out the form below. One of our trained leasing experts will contact you with information about the most-cost effective solution.
We look forward to serving you,
The Equipment Leasing Source Team