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With financial institutions clamping down on business loans, more and more companies are considering equipment leasing as a favorable option to get the business equipment they need without the big up-front expense. And you're in good company if you're considering leasing for your business. In fact, eight out of ten U.S. companies are currently leasing some of their business equipment.* With the ability to pay-as-you-go as you use your equipment, leasing can not only help your business survive in uncertain times, it can help you manage cash flow to prepare you for the next boom.
Lease payments on equipment are a fully tax deductable expense in most instances (check with your tax advisor for details.) When you are leasing equipment for your business such as computers, printing presses, restaurant equipment or and construction trucks you may qualify for benefits that you may not have known existed. Furthermore, leasing allows your business to conserve precious working capital for other needs, guard against obsolescence and increase your financial flexibility.
About The Equipment Lease Calculator
As a business manager, you probably want to know approximately what you can expect to pay for an equipment lease.
Here's an equipment lease calculator that will give you fast answers to your financial questions. Simply enter the cost of the equipment that you are looking to finance and analyze quotes for 24, 36, 48, or 60 months. Determine if a lease fits your priorities, long term goals and financial condition, all with a few clicks of your mouse. It’s easier than ever to determine the amount and length of lease that’s right for you.
It Makes Sense
You’ll soon find that the whole equipment leasing process is faster, simpler, and often less costly than other financing alternatives. You can rely on the equipment lease calculator to navigate your way through various options. Our calculator allows you to analyze your business transactions, calculate monthly costs, and preserve your resources.
Find out how Advantage Leasing provides a less costly line of credit than other vendors by trying out the equipment leasing calculator or call 800.949.7040 for further details.
Do you have a story to share with us on how you benefited by using our new equipment lease calculator?
Did it keep your finances in check, lean your budget, reduce your payments or help you determine if leasing was more cost-effective than purchasing? Click here to post your comment.
Tip: Put the equipment lease calculator in your “favorites” for future decisions regarding business equipment.
*Source cited: The Equipment Leasing and Financing Association (ELFA)
If you want to learn more about equipment leasing, contact Advantage Leasing. Advantage Leasing Corporation is a national, independent leasing company based in Milwaukee, Wisconsin that provides flexible financing options for new and used equipment ranging from $5,000-$250,000.
Discover the advantages of using Advantage for your equipment leasing needs today.
Contact us online or call us at 800.949.7040.
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