Leasing key assets in your network can be a tremendous benefit to daily operational cash flow. The fact is, you rely on equipment and technology every day. It is critical to the operation and growth your business. It is also true that the value of most networking equipment comes from using the equipment, not necessarily owning it. It is possible to transfer the uncertainties and risks of equipment ownership to us, the leasing company, which allows you to concentrate on using that equipment (and your capital) as a productive part of your business. Leasing offers numerous advantages.
Write off up to $100,000 on your 2003-2005 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.
Leasing allows you to purchase the equipment and technology you need today while spreading your payments affordably across time. This allows you to reserve your capital for other operational needs and opportunities for growth. Additionally, because a lease is not considered a long-term debt or liability, it does not appear as debt on your financial statement, thus making it a very attractive option to consider.
Once your account is established, you can respond quickly as the need for new equipment or new technology arises. Generally, approval can be done within hours through minimal documentation. From that point, we manage the logistics and challenges of getting the products you need into operation quickly, without hassles.
As technology evolves, the network requirements change, you can add to or upgrade your lease at any point. If you anticipate growth, we will structure your lease program to accommodate. You can always include installation, maintenance and other services as well.
In most cases, we can structure a financing program that addresses key business issues, including seasonal cash flow or budget fluctuations. For example, a seasonal lease, allows us to schedule payments during the busiest months, which provides a much better alignment of the expenses and revenues on a monthly basis.
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, the lessor may dispose of the equipment, which is also a part of our business. We handle asset disposal and resale in some cases.