WHY LEASE? Leasing Makes Sense... 80% of companies in the US lease equipment. Consider the following reasons that corporate CFO's and small business owners alike give when asked why. Leasing Conserves Capital
Money tied up in capital equipment purchases is money unavailable for other uses. Leasing helps free that money to fund growth and investment.
Also, leasing may enable a company to treat equipment purchases as a part of operating expenses, allowing some or all of the monthly payment to be tax deductible.
Leasing is Flexible and Convenient
With less red tape and paperwork than typical bank financing, leasing can be an ally in the war on time crunches and deadlines. Lease payments can be structured to match the lessee's usage of the asset, accounting needs or revenue pattern. Budget projections become much simpler also. Instead of guessing at future capital expenditures you know exactly what you are paying from month to month.
Leasing Preserves Existing Lines of Credit
Bank and trade credit are unaffected by leasing through non-bank sources. Your ability to borrow for short term needs is not impeded by the purchase of long term assets. Leasing Provides a Hedge Against Obsolescence
An equipment lease can be structured to provide a defense against rapid technology change. With proper term structuring, upgrade options and flexible purchase options, you can shift the resale and obsolescence risk, freeing up time to be spent on more valuable pursuits.
Leasing Makes Good Economic Sense
By providing an additional source of equipment funding, lower initial costs and ease of execution and disposal, leasing just makes good sense.
Simply put, Springs Leasing provides the financing to help vendors sell and businesses acquire capital equipment. We do this using leasing as our primary tool. We do not own or warehouse equipment for re-sale, therefore, we remain independent and flexible in working with any vendor and with any type or model of equipment. We have found leasing to be the most popular and flexible means through which businesses can acquire equipment. As we have grown, along with our valuable vendors and customers, our product offerings have expanded to include:
Fair Market Value (FMV) Purchase Option Leases
$10.00 Purchase Option Leases
10% Residual Pricing
Specifically Structured Vendor Programs
Pre-Paid Purchase Options
Add-ons and Upgrades
Step-up, Step-down and Skip Payment Options
1. Call 919-838-8661 for Raleigh or 910-222-0346 for Fayetteville to get a price quote!
