Factors to Consider when Leasing Equipment

When looking to upgrade or replace business equipment it’s wise to make cost-effective purchasing decisions. Buy new equipment and it is yours, but at a cost.

Factors to Consider Before Leasing Equipment

Have you dipped too far into your equity for an item that will only depreciate?

Does your business require the top of the line model yet you can only afford the mid-tier that offers fewer options?

Rather than make those sacrifices, have you considered leasing your equipment instead?

Benefits of Equipment Financing

In addition to laying out less of your own cash when leasing equipment, here are some other advantages:

  • Great tax benefits – leased equipment may be fully tax deductible
  • Stay competitive: at the end of the lease, lease the latest equipment. Equipment owners are not likely to have this option and will have to use their increasingly dated equipment for a longer period of time.
  • Short-term leases will enable you to see if the equipment meets your needs and expectations.
  • Maintenance is often included. This can provide additional savings.

Equipment Leasing Terms & Conditions

National Business Capital & Services finances equipment for nearly every type of industry. We make it possible for businesses of every size to obtain needed business tools by providing equipment financing options that are affordable and convenient. We offer:

  • Flexible terms
  • 1 – 5 year repayment options for most businesses
  • No restrictions on what equipment you may purchase or which vendor you choose
  • Access to financing in as little as 48 hours

There are considerations to every business purchase. Equipment leasing is the best route if the equipment you require is beyond your means.

Leasing the equipment your firm needs today ensures tomorrow’s business success. For more information, fill out our 1-minute application form or call us at (877) 482-3008.

About the Author, Joe Camberato
Joseph Camberato, President at National Business Capital & Services, developed a passion for business at a young age. Joseph has a true respect for anyone who owns a business and enjoys engaging them in discussions of how they “made it happen.”