Deductible. Lease payments are usually a pre-tax
operating expense and therefore may be fully
deductible (consult your tax consultant).
Financing. By leasing, your equipment is put to work
for you immediately, at minimal up-front cost.
Software, delivery, installation, freight, and sales
tax may be included in the lease. Unlike a bank
loan, no down payment or closing costs are required.
The term of the lease can be matched with the useful
life of the equipment.
Capital and Credit Lines. Leasing lets you keep more
available capital to meet necessary short-term
requirements. Conserve your cash and credit lines
for important long-range plans such as expansion,
improvements, growth, marketing, or seasonal cash
Risk of Obsolescence. Leasing allows you to
regularly upgrade your equipment to a
state-of-the-art level, eliminating the
inefficiencies of owning out-dated equipment.
Technology is changing at a rapid pace. What
meets your business needs today may be obsolete
three years from now. Leasing allows you the
flexibility to maintain a competitive edge by giving
you today’s best technology, then allowing you to
upgrade when the equipment has outlived its
Power. Since the monthly lease payment is a small
portion of the total cost of the equipment, leasing
allows you furnish your business with ALL the
equipment it needs to stay competitive.
Choice of Lease Terms. Traditional 12, 24, 36, 48 or
60 month programs, or…design a program that works
best for your company.
You have the option of trading
up to new equipment or you can continue to lease the
current equipment. If you like, you can return the
equipment or you can even exercise the purchase
option and own the equipment.
Equipment-Financing Option. Over 30 percent of all
capital equipment in the United States is acquired
through leasing. In fact, eight out of ten companies
lease some of their equipment.
Budget Limitations. In situations where limited
budgets would ordinarily delay or prevent the
acquisition of equipment due to a limit on capital
expenditures, leasing allows for quick budget
approval due to its small monthly expense. A lease
can fit the tightest of budgetary constraints.
Approval Process. The process of securing an
equipment lease is far less complex and cumbersome
compared to bank financing. If you need equipment by
a specific date, New Leaf Funding can coordinate the
details with your equipment vendor to expedite the
Liquidity: Cash is King! Its the first line item
on your balance sheet and financial statement
because its the most important. Maintaining simple
cash balances should be a top priority for a
business of any size. Leasing allows you to conserve
your cash for when you need it most.