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The Benefits of Leasing
Every day you rely on equipment and technology for operations and growth of your business. But the value of the equipment is derived from the use of the equipment, not the ownership of your equipment!
When you lease equipment, the business is able to delegate the risks and uncertainties of equipment ownership back to the leasing company. This allows your business to concentrate on the use of that equipment to generate the maximum revenue for the business. Call us today for more information about finance services for packaging equipment and filling machines.
Leasing offers numerous advantages over other financing methods:
Retain Capital Strength: Leasing allows business to purchase the equipment and technology needed today while spreading payments affordability across time. This allows business to reserve capital for other day-to-day expenses. In addition, because a lease is not considered a long-term debt or liability, it does not appear as debt on financial statements, thus making you more attractive to traditional lenders when you need them.
Speed: Leasing allows business to respond quickly as needs for equipment and technology arise. Business can be approved for a lease within hours through minimal documentation and can have the products needed and in operation quickly, without hassles.
Flexibility: As the business grows and needs change, with a lease you can add to or upgrade at any point through add-on leases or master leases. If growth is anticipated, be sure to negotiate that option when structuring the lease program. Leases also have the option to include installation, maintenance and other services, if needed.
Avoid obsolescence: Because technology becomes outdated very quickly leasing is an extremely attractive option for all computer hardware and software purchases. With a lease, the risk of getting caught with obsolete technology is lower because upgrades and add-ons can be built into the lease.
Customized solutions: Leasing allows business to structure a financing program that addresses key business issues, including: cash flow, budget, transaction, and cyclical fluctuations. For example, some businesses request seasonal leases, which allow them to schedule their payments during their busiest months allowing them to better align their expenses and revenues on a monthly basis.
Tax advantages: The IRS does not consider an operating lease to be a purchase, but rather a tax-deductible overhead expense. Therefore, business can deduct the lease payments from corporate income. Consult your tax advisor about your specific situation.
Asset management: A lease provides the use of equipment for specific periods of time at fixed payments. It assumes and manages the risk of equipment ownership. At the end of the lease, the lessor may dispose of the equipment.
When contacting any of the listed Leasing Companies, please inform them A Packaging Systems LLC referred you.