We've all been exposed to buzzwords and hype. At Delostone we want you to understand the advantages leasing can provide you and your business before you sign on, so we can tailor your plan to best suit your needs.
Ask Yourself What You Want
You Want a Tax Break Leased equipment is often 100% deductible as an operating expense. Your leased equipment can actually cost less after taxes than equipment you purchase outright because you write more off during the lease term.
You Want to Conserve Your Capital Leasing allows you to hold on to working capital you might otherwise have had to spend in one lump sum on new equipment. You can invest it elsewhere at a higher rate of return.
You Want to Streamline Your Budget Regular lease payments can simplify your accounting. Both small and large businesses can save steps by eliminating the need for depreciation scheduling and keeping equipment expenses consistent.
You Want to Preserve Your Credit The equipment you lease generally acts as its own collateral. You won't be required to make down payments or offer other collateral in order to get what you want.
A lease is independent of other sources of financing. You effectively give yourself more options for credit while leaving more traditional financing options available should they be needed. Once you've established yourself as a lease account you'll find it very easy to acquire more equipment as you need it.
You Want Room to Upgrade Upgrading your equipment should be easy. At Delostone we want to work with you to see your business improve. We'll give you credit for payments you've made on old equipment as you trade it in for newer, better equipment with a new lease and a new lease term.
Glossary of Leasing Terms All that legal language can be confusing. Check out our glossary through the link above for a quick lesson and approach a new lease feeling confident about your position.
