Dental Equipment Leasing
Friday, July 11, 2008
Dental equipment leasing can be used to finance any equipment that a person may need to run his business. Almost any type of gear can be funded without affecting the lessee's personal credit. The more equipment that a person finances by means of unsecured lines of credit, the more it impacts the concerned person's credit rating and exploits precious emergency resources.
Dental equipment leasing has no impact on the personal credit rating and keeps the unsecured types of credit accessible for emergencies and increases the buying power of the lessee. Dental equipment leasing also has many tax advantages. Dental equipment leasing increases the person's liabilities and that results in a lower tax encumbrance.
Dental equipment is very expensive in the United States of America and buying it can be a great financial risk. To avoid any hassles it is better to lease equipment rather than buy it. This option provides the lessee with a cheap and effective alternative to renting.
Almost all equipment leases begin with an acceptance or commencement. The lessee inspects the equipment and announces it as fit for service. When the lease begins then the equipment belongs to the lessee even if the equipment is in a lessor's warehouse. A lease shouldn't begin until the lessee has started to use the equipment successfully.
It is important to inspect the equipment before leasing, because once the deal is signed then the lessee has to pay the lessor even if the equipment does not work.
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