OutSource Lease Advantages
Companies are turning to leasing as an effective way to deal with budget constraints, technological advancements and escalating equipment costs. Leasing provides an effective financing alternative to keep your company on the cutting edge of today's challenging business environment.
Advantages over convetional financing:
100% financing, working capital is conserved for your operating needs.
Tax deductible, in most instances lease payments are totally deductible as an operating expense, which means you are paying with before tax dollars rather than after tax.
Obsolescence, avoid the burdens of technological changes by constantly updating your equipment.
Flexibility, buy, return or renew at the end of your lease term.
Borrowing capacity, bank credit lines remain intact and your balance sheet will reflect lower leverage.
Budgeting, unlike most lines of credit with variable rates, lease payments are fixed for the full term of the lease. Monthly payments are lower than conventional financing and depreciation accounting is eliminated.
FirstBank and Trust
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