What are the Benefits of Equipment Leasing?

We’ve recently been approached by a number of organizations to set up leasing arrangements for equipment and other materials, and thought this would be a great topic for us to address.

It’s reported that around 30% of all capital equipment in the United States is acquired through leasing. And, more than 80% of all U.S. companies utilize some form of equipment financing according to the Equipment Leasing and Finance Association. Equipment financing allows companies to procure equipment at a fixed rate, for a fixed period of time, without having to purchase the equipment.

Leasing can be a great option for a business or any organization when you need computers, desks, machinery, books, construction equipment, or a number of other things and you want to make the most cost effective spending decisions. If your business requires a substantial amount of equipment, such as new computers for your company’s employees or books for 500 students, leasing may be a better option than purchasing. Why not consider leasing equipment instead of buying it?

There are many benefits to leasing equipment, including:

  • You can preserve your company’s cash flow.
  • You pay nothing upfront.
  • Leasing can save you the time and hassle involved in finding someone who will extend you credit for purchasing equipment.
  • You can keep pace with emerging technology
  • Short-term leases give you the opportunity to evaluate whether the equipment fits your needs.
  • You’ll have predictable monthly expenses.
  • If you use the leased asset in your business, and depending on the lease structure, you may be eligible for potential tax advantages.
  • It can help you avoid many of the uncertainties associated with owning equipment.
  • Leasing allows you to focus on using the equipment or assets to run and grow your business.

At Capital Lease Group, we offer a wide range of leasing programs custom-designed to help preserve your cash flow and regular credit lines, while providing you with fixed-rate financing. We offer a personalized service, staffed with knowledgeable people ready to listen to you and work toward helping you find the funding you need.

Some of our programs include:

  • Adjustable Payment Leases – Including step up, step down, seasonal, etc.
  • Dollar Buyout Lease – Conserves your credit line plus available tax benefits and ownership at end of lease.
  • Fair Market Value Lease – Lower payments, better cash flow, purchase option.

These are just a few of the many programs we offer, and they are so varied, we’re bound to have one that fits your needs. Plus our policy of Rapid Funding means we pay the manufacturer quickly – avoiding any hassles for you. Under specific circumstances, our programs can provide an excellent hedge against obsolescence, as well as certain tax advantages. All of which can help ensure your company’s present and future growth.

If you have any questions about whether equipment leasing might be right for your company, please feel free to contact us.

Capital Lease Group is a leading fleet leasing provider in Massachusetts and beyond. We are committed to structuring a lease that will be designed to fit your business rather than having your business conform to the confines of a standard lease. We will invest the time to understand each customer’s individual needs while offering a full range of leasing services and products that will complement each customer’s goals. Our experienced staff of knowledgeable experts in sales, administration, and service will help you feel comfortable so that your main focus will be on your company’s vision while we handle all of your fleet requirements.