A lot of thought needs to go into the decision between leasing your equipment, or buying your equipment and financing your purchase with a loan.
There are many advantages to leasing:
Leasing provides tax advantages resulting from FASB
Leasing is cash-flow cost-effective
Leasing can usually provide 100% financing
Leasing doesn’t affect critical financial ratios
Leasing provides off-balance sheet financing
Leasing provides income from use, not ownership
For Commercial Equipment Financing, call Richard Franklin Co. NOW!