Benefits
Call us at:
(502) 456-2800
or email us at:
lease@theleasinggroup.com
When should a business lease rather than buy?
Is leasing better than traditional bank financing?
Is paying with available cash reserves the cheapest option?
These are all good questions. Here are the fundamental advantages of a lease:
- Leasing, unlike a typical loan, requires no down payment. It's 100% financing thereby conserving valuable company cash.
- Lease payments are usually 100% tax deductible, thus lowering a company's tax liability. Consult your tax advisor if this is a consideration.
- Owning an asset that appreciates over time always makes good sense. Unfortunately, most equipment rapidly depreciates in value. It's the use, not the ownership, that's important. By leasing, a business pays for use over time.