Why use leasing to purchase your equipment or furniture? Because it works!
It would be nice if there was a magical formula that tells you when to lease, buy or rent, but it is not that simple. Every business has different needs and budgets that vary over time. In 2003 $200 billion worth of business equipment was financed through leasing by U.S. corporations making it the largest source of capital for business equipment acquisitions.
Nearly 80% of companies lease some of their assets. Does that make leasing right for your company? Not necessarily, but there are many compelling reasons to consider leasing your next equipment acquisition.
-
Business leasing provides income from use, not ownership of equipment.
-
Business leasing allows assets to be deployed into things that appreciate.
-
Business leasing maintains current cash reserves for future or unexpected needs.
Many companies buy their computer, telephone, furniture, and other essential equipment and lease their buildings. It should be the other way around. Buildings generally appreciate, and equipment and furniture do not.
|