These are the benefits of Leasing.
- No Down Payments! Lease 100%
We will finance 100% of the cost of the equipment. Plus, you can include costs in your lease such as shipping, software, training, and installation. Unlike outright purchase where you have to spend on all the above upfront.
- Improved Cash Flow, More Working Capital
Cash is not tied up in equipment. Instead, money is available for opportunities such as marketing, working capital, or seasonal cash flow needs.
- Eliminate Out-Dated Equipment
Leasing lets you regularly upgrade your equipment to a state-of-the-art level, eliminating the inefficiencies of owning out-dated equipment.
- Preserve Your Credit Lines
Your existing lines of credit and borrowing availability are left untouched and ready to use for operational and short-term financing needs.
- Tax Benefits
Lease payments are fully tax deductible against income when incurred. This differs from the purchase of equipment, where the purchase of an asset is only deducted for tax purposes over a period of time based on prescribed depreciation rates.
- Overcome Budget Limitations
In situations where limited budgets would ordinarily delay or prevent the acquisition of equipment due to a limit on capital expenditures, leasing allows for quick budget approval due to its small monthly expense.
You don’t have to worry about the headache of maintenance of the assets, that is someone else’s headache, if it breaks down, maintenance is a phone call away.
- Fixed Payments
Your leasing payments are fixed for the duration of your agreement regardless of any changes to interest rates. This will help make annual budgeting and forecasts easier.
- Leasing is simple
We purchase the equipment and then set up a leasing agreement with the user. At the end of the agreement, the user may have the option of returning the equipment to us, replacing it, or extending the agreement further.
- No Heavy assets on your balance sheet
The assets will not reflect on your balance sheet but will appear on our balance sheet hence improving your Return on Asset Ratio. Return on Asset ratio is an indicator of how profitable a company in relation to its total assets.
- Core Business
You are also able to concentrate on your core business for example production of batteries and solar panels. You can lease out those non-core assets which will ensure that you increase your cash flow and efficiency that will enable you to concentrate on your main business.