News
02/02/2010
Lease! Lease! Lease!
“More companies, particularly small companies, acquire new productive equipment through
leases than through loans. Of the $850 billion spent by business on productive assets in 2006,
$229 billion, or 27 percent, is estimated to have been acquired by American businesses through
leasing.” – EQUIPMENT LEASING AND FINANCE ASSOCIATION.
HOW FINANCING BENEFITS YOUR BUSINESS:
· Use vs. Ownership:
The value of equipment is in its use, not its ownership. Financing enables you to pay for
the equipment with future profit instead of working capital.
· Affordability:
Financing results in low monthly payments, and the equipment can be purchased for a
nominal cost at the end of the lease term.
· Fixed Payments:
Fixed payments avoid the uncertainty of variable (floating) interest rates typical of bank
financing.
· Cash Conservation:
Monthly payments leave cash available for operational expenses or seasonal cash flow
needs.
· Preserve Credit Lines:
Borrowing from the bank shrinks available credit lines. Financing ensures that credit
lines are available for non-equipment uses.
· Tax Advantages:
Lease payments (Off-balance sheet structure) may be tax deductible against income.
· Easy:
A simple, one-page application is generally all that is required for approval.
· Quick:
You can be approved for financing within one business day of receiving complete
information.
Give us a call today to find the right equipment for you and get you a lease option in just minutes.
Great Plains Packaging Systems
800-332-3081