EQUIPMENT LEASING |
How often have you said or heard
"if only we had that piece of equipment, life would work..."?The
truth is, technology has revolutionized how we do things, but if we cannot
afford to bring the technology to our production line, it is only hurting
us by helping the competition.
Leasing allows you to bring in the equipment you need to make your business work. It gives you the lump sum now in exchange for payments over time. By the same mechanism, if you own your equipment and need cash, you can "sell" your asset to the leasing company and lease it back. This gives you cash for critical projects, and possibly a tax deduction (talk to your accountant about this aspect).
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