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One-Stop Shopping
Your customer can wrap their entire solution of hardware, software, freight, installation and maintenance into 1 easy payment, saving them time and energy. Including financing in your proposal minimizes the time your customer has to expend researching the financing component of their solution. The result – a shorter selling cycle with less resistance.
Customized Structures and Flexibility
We offer customers tailored payment options such as deferred payments, matching payments to use or lease term to length of project. A variety of end of lease options are also available, such as renewal, purchase or return.
Avoidance of Risks Associated with Ownership
It's use, not ownership of equipment that provides benefit. Customers that own their equipment run the risk of technology obsolescence and associated costs such as writing off unamortized book value and asset disposal. Leasing allows customers to upgrade technology and take advantage of keeping up with technology curves as often or as soon as the need arises.
Enhanced Cash Flow and Conservation of Capital
Without the large capital outlay of a purchase, cash can be strategically re-invested into the customer's business with higher return. Credit lines are also saved for other operating needs.
Tax and Accounting Benefits
Depending on the structure, lease payments may be classified as an expense. As a result, customers' return on investment and return on assets improves and more easily compliant with restrictive bank covenants.
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