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Benefits of Leasing
Did you know that 80% of businesses nationwide lease their capital equipment.
Why is leasing the preferred method of acquiring commercial equipment for businesses large and small? Below are several reasons why our customers have chosen leasing over other alternatives:
- Since leasing generally provides 100% financing, companies are attracted by the minimum upfront expenses and down payments required by other financing alternatives. We even include out of pocket expenses like shipping, freight and installation.
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Leasing is a fixed expense. With the uncertainty of interest rates and inflation, it is advantageous to lock-in long term expenses--with today's dollars. In addition, you have the opportunity to pay for the equipment while it generates income.
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Preserves existing lines of credit for alternative uses including, working capital, improvements, more inventory and hiring people to help your business generate more revenue.
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Growing businesses generally have substantial credit needs to finance their development. By diversifying lending relationships, your business maximizes its access to credit.
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Tax advantages. Leasing provides substantial tax advantages, in some cases providing 100% write-off of the monthly lease payment. This is especially attractive to businesses subject to Alternative Minimum Tax. Contact one of our leasing officers for the best way to structure your lease.
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Protects against equipment obsolescence. With dramatic advances in technology and productivity improvements, it is difficult to stay current with the best equipment on the market. By leasing, you can easily upgrade to better equipment when you need it.
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Flexible repayment structure. Some businesses tend to be seasonal in terms of cash flow. By leasing, you are able to match your payments to your cash flows or budget requirements. Skip payments, annual payments and deferred payments are all examples of lease structuring.
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Convenience and Fast Decision-making. At Maximum Capital Corporation, our business development account executives provide our customers with outstanding service. We make it easy with minimum red tape, fast responses and quick funding.
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