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What is Equipment Leasing?
Equipment leasing is the alternative to capital for equipment acquisitions, giving the lessee usage rather than ownership.
This year more than $100 billion worth of equipment will be leased by professionals and businesses of all sizes.
Any type of equipment that is income-producing or labor-saving can be leased.
It is the use of this equipment that makes or saves you money, not the ownership.
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What are the advantages of Leasing?
- 100% of the equipment cost is considered for the lease. This may include shipping, installation charges and other "soft" costs.
- Fixed rental payment during the lease term.
- Valuable tax advantages!
- A lease can provide "off-balance sheet" financing for accounting purposes.
- Beat inflation - pay for today's equipment with tomorrow's dollar.
- Simplify record keeping and cost control.
- Leasing is more flexible in meeting lessee's needs by providing longer terms and lower down payment.
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