Equipment Leasing Business

Saturday, August 30, 2008

Equipment leasing business is involved in buying equipments from established manufacturers and other reliable sources and leasing them to customers in need, charging a fixed monthly fee during the period of lease.

Leasing deals with all major business fields ranging from hospitals and hotels to laboratories and other small businesses. By opting for equipment leasing business, you are not required to spend any amount as down payment while buying the equipment.

The various benefits a business can enjoy by opting for equipment leasing include

• Capital conservation - It is always better for one to lease equipment than buying it because of the risk of depreciation.
• Conservation of credit lines - Your purchasing capacity is not affected as there is no initial cost upfront.
• Fixed rate lease payment.
• Deduction of tax - Lease payments don't qualify to be taxed.
• Easy financing of leased equipment.
• Easy updating from obsolete equipment.
• Effective management of your increased business cash flow and no more budget limitations.

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