Desco Financing
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Leasing provides 100% funding vs. traditional lenders requiring down payments or only lending a percentage of what you need, requiring you to come up with some cash to make your purchase. Benefits of leasing are obvious when you look at the figures. 80% of all businesses lease equipment-- for example, airplanes and locomotives are leased. Leasing allows you to purchase the equipment you need today while spreading your payments affordably across time. This allows you to reserve your capital for other day-to-day expenses. In addition, because a lease is not considered a long-term debt or liability, it does not appear as debt on your financial statement, thus making your company more attractive to traditional lenders when you need them.

Leasing allows you to respond quickly as your need for equipment arises. You can be approved for a lease within hours through minimal documentation and you can have the products you need in operation quickly, without hassles. As your business grows and your needs change, you can add to or upgrade your lease at any point through add-on leases or master leases. If you anticipate growth, be sure to negotiate that option when you structure your lease program. You also have the option to include installation, maintenance and other services, if needed.

Leasing is an extremely attractive option for all your equipment purchases because machinery can become outdated very quickly. With a lease, your risk of getting caught with obsolete equipment is lower because you can build upgrades and add-ons into the lease.

Leasing allows you to structure a financing program that addresses your key business issues, including: cash flow, budget, transaction, and cyclical fluctuations. For example, some businesses request seasonal leases, which allow them to schedule their payments during their busiest months – allowing them to better align their expenses and revenues on a monthly basis.

You can also write-off a significant amount on your taxes. The IRS does not consider an operating lease to be a purchase, but rather a tax-deductible overhead expense. Therefore, you can deduct the lease payments from your corporate income. Consult your tax advisor about your specific situation.

A lease provides the use of equipment for specific periods of time at fixed payments. It assumes and manages the risk of equipment ownership. At the end of the lease, in most cases, the lessor may buy out the equipment for as little as $1.00..

 

 

 
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We invite you to utilize our automated quoting system to provide you with an approximate monthly lease payment*. Please note that all payments quoted are approximate and will be greater or less depending on the individual credit situation please call us for a custom quote. Rates are for established business' only. New business' will be quoted individually. Compute your lease rates and when your ready to fill out the application give us a call at 1-800-344-0814, it is that simple!

Payments do not include sales tax if applicable and could change subject to credit approval.

*Monthly payments indicated are estimates only.
Final payments may vary and can only be produced by an authorized DESCO agent.
Rates are subject to change without notice. Effective date: Jan. 1, 2007