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