Take Advantage of Tax Benefits Through December 31, 2017!
Leasing allows you to constantly have the latest and most up-to-date equipment. Like computers, telephone systems eventually become obsolete. When you lease, you pass the financial burden of obsolescence to the Lessor. For example, let's say you have a two-year lease on a PBX. After that lease expires, you're free to lease a newer, more feature rich model. In a 2005 Equipment Leasing Association survey , sixty-five percent (65%) of respondents said the ability to have the latest equipment was leasing's number-one perceived benefit.
You'll have fixed monthly expenses. With a lease, you have a pre-determined monthly expense, which will help you budget more effectively. Thirty-five percent (35%) of respondents to the Equipment Leasing Association's survey said that this was leasing's second-highest benefit.
You pay very little up front. Many small businesses keep a close eye on cash flow. The more money that they can keep on-hand, the better. Leases rarely require a down payment. Instead, they usually require the first month’s lease payment or the first and last month’s lease payment in advance. This again, helps to conserve cash for the day-to-day operation of the business.
You and your competitors can now play on the same level playing field. Leasing can enable your small business to acquire the latest technology. Telephone systems that might be otherwise unaffordable such as a Panasonic Hybrid or Pure Voice over Internet Protocol (VoIP) can now be available to you too. The result is that you are now able to keep up with your largest competitors with a very small monthly expense.
