Have you considered equipment leasing as a way to expand your business? Equipment leasing is a common way for companies of all sizes to finance an assortment of business equipment. In fact companies have financed software, heavy machinery, computer equipment, medical equipment and a wide range of other types commercial equipment.
All types of business use equipment leasing finance their projects. More than 80% of Fortune 500 companies use equipment leasing as a way to free up their working capital. If you have on-going receivables and you want to grow your business but are short on cash, then you may want to explore the idea of using equipment leasing to expand your business.
Companies can benefit from equipment leasing in a number of ways including a low down-payment, tax incentives, fixed rate financing and preserve cash. While some leases may require a down payment, there are many lease programs that offer flexible terms. With online equipment financing companies on the rise, you can shop for an equipment leasing company that best fits your situation. If preserving cash is your main objective, then equipment leasing becomes even more attractive. With this type of financing arrangement you will avoid a large lump sum payout while still getting the benefits from the equipment.
What about tax incentives? After all, who is not looking for a way to cut their annual tax expense? There are many equipment leasing programs and leasing companies that can help you understand what tax advantages are available within your industry. If you are new to commercial leasing, then you may want to speak to the leasing company about the advantages of fixed rate versus variable rate financing.
Now that you are aware of the advantages to leasing equipment, let's take a look at a business scenario. An established local newspaper needs to rapidly move to an online publication. After investigating their options, they quickly determined a content management system (CMS) would give them web page publishing capability and swiftly make changes to their online newspaper. When comparing a large outright purchase to an affordable monthly installment, the choice was clear to lease the software and equipment.
The decision to grow your business can be an exciting endeavor. Since equipment leasing offers many advantages to the small or large business, take the time to contact the myriad of online equipment leasing vendors. In many cases, you can apply online for equipment financing. Consider the risk and ask questions, you may just find your business growth more manageable then you could have ever imagined.
This article is brought to you by Crest Capital, a National Equipment Lease Financing Company that provides Equipment Leasing on your terms. Visit us at http://www.crestcapital.com for more information.