Equipment & Technology Financing

Equipment and technology such as furniture, office products, computers and/or any other product that is necessary for running a business often decreases in value over time.  A business owner is left to decide what to do with this antiquated product.  Owning equipment and technology usually provides no tax advantage

Why Lease? 

Leasing doesn't appear as long term debt which allows your financial statements to show more favorably. Paperwork requirements are minimal and approval is often given the same day. End of lease terms include trade in or purchase at a greatly reduced price. Other benefits of leasing include:

•  Payments that are 100% tax deductible
•  Fixed rates
•  Fixed payment schedule
•  Addition of maintenance agreements and software
•  Installation and upgrades to reduce obsolescence
•  Avoidance of risks associated with ownership
•  Flexible end of lease options

Contact a lending advisor today