. Equipment Leasing

Equipment Leasing

We are proud to announce that we now have Equipment Leasing available for our North American customers.

WHY LEASE?
Businesses are often faced with the decision of whether to buy equipment and technology with cash or lease it. More than 90% of Fortune 500 companies lease technology or equipment, even though most of them have strong cash positions. Here are some reasons why:

Manage Budget Concerns:
Budget restrictions can limit your ability to invest in newer technology and equipment. Leasing gives you the ability to leverage your buying power while still maintaining budgetary obligations.
Tax Advantages:
Payments on leased technology and equipment can often be treated as a 100% pre-tax business expense. while cash purchases are made with after tax dollars.
Avoid Obsolescence
When you finance equipment or technology, your risk of getting caught with obsolete hardware is not a concern because you can upgrade or add-on as your business changes.
Retain Capital Strength
Companies average a 12% return on every $1 of capital retained in the business (e.g. advertising, technology). Therefore, companies should retain cash for opportunities or emergencies by leasing technology and equipment.

HOW MUCH DOES IT COST?
The following a few examples of leasing costs and a formula to figure out a specific amount. The amounts are estimated and will vary due to fluctuations in rates and from customer to customer based on their financial standing. Click on the "Get Approved Now" link to the left and find exact details.

All leasing plans require 1st months rent and security deposit to be paid at lease signing and have a 10% purchase option at lease end.

Example # 1:
Equipment Cost = $ 25,000.
Leasing Cost = $ 744. per month (based on 36 month term)

Leasing Cost = $ 506. per month (based on 60 month term)

Example # 2:
Equipment Cost = $ 50,000.
Leasing Cost = $ 1,487. per month (based on 36 month term)

Leasing Cost = $ 1,012. per month (based on 60 month term)

Example # 3:
Equipment Cost = $ 75,000.
Leasing Cost = $ 2,230. per month (based on 36 month term)

Leasing Cost = $ 1,518. per month (based on 60 month term)

Rate Factors (subject to change without notice):
36 months = .02973

60 months = .02024
Example: $ 60,000. x .02973 = $ 1,784.