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Why
Equipment Leasing?
A recent study determined that 30%
of business must finance their equipment purchases. Offering
flexible equipment leasing payment programs allows you to get these extra sales.
Who
leases? It is estimated that $218 Billion
worth of equipment will be leased this year!
Top 3 reasons for Equipment Leasing:
1. Improve Cash
Flow
2. Eliminate Obsolescence Concerns
3. Tax advantages leasing offers
All companies finance
their equipment purchases, leasing is just a flexible method
of financing. You need to have an option available
to give everyone an opportunity to purchase your equipment
(over 80% of U.S. companies lease their equipment). By offering
leasing, you will not only increase your sales by opening
your doors to more customers, but it also opens the door to
more sales once the lease term expires.
Please consider
these additional benefits:
- A one-stop
transaction. The moment
your customer leaves your premises, you can loose the sale.
When you offer an in-house financing program, you keep control
of the sale.
- Equipment leasing is
easy. Transactions under
$75,000 usually only require them to fill out a one page
credit application, no other financial statements are usually
needed. All other transactions are usually completed within
24-48hrs of receiving the necessary documentation.
- There are
no huge down payments.Usually
only one or two monthly payments are only needed to start,
followed by easy to manage monthly payments.
- Your customers
are already familiar with leasing.
Over 50% of the U.S. population lease their personal automobile.
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