Protection from Obsolescence. Leasing allows you to match the lease term to your determination of the equipment’s useful life.
Conservation of Capital. Because of the sizable cash outlay involved in purchasing new equipment, many businesses lease to conserve capital.
Soft Costs. A customized lease allows you to “finance” soft costs, including extended warranties, maintenance, installation and freight costs.
Lease Structure. An equipment lease can be structured to address your particular concerns. End-of-term options will drive the tax and accounting benefits sought: these can include $1 purchase options; open-ended fair market value purchase options; and fair market value purchase options structured with PUTs, caps, and collars.
Alternative Financing Source. Leasing through TEQlease Capital, instead of using existing bank lines, allows you to diversify your sources of capital acquisition.
Tax Benefits. Although you should first talk with your tax department or tax advisor to determine its impact on your business, leasing is considered to be a tax advantage for most businesses.
Ability to Work within Budget Limitations. Purchasing and department managers often have the authority to acquire needed equipment,but only if it fits within operating budget guidelines. Many managers decide to acquire needed equipment by leasing to remain within operating budget requirements.