Why Choose Beacon? Customer
Beacon Leasing Inc. is a national financing company with over a two decades of experience in arranging equipment leasing for businesses nationwide and in Canada.
If you are interested in opening a line of credit, or need a quote we encourage you to take advantage of the immediate access to Beacon Leasing’s personalized service through this easy accessible site.
Please browse our site, request a line of credit, or comment on our website. Your comments and / or suggestions are appreciated. Let us know how we can serve you better.
Why Finance Your Equipment with Beacon Leasing?
The kind of equipment you need for your business costs money. A lot of money. Perhaps it is more debt than you’re prepared to take on. Either way, it makes sense to consider the option of equipment financing with Beacon Leasing.
When you finance with us, you stand to gain many benefits: tax deductions, write-offs, more predictable cash flow for more accurate fiscal planning, and faster approval than other financing options. And that’s just the start. Call us today to get your applications started!
How do I decide which lease is best for my business?
Some critical questions to ask your self when considering equipment financing are:
- How predictable is your cash flow?
- How long will you need the equipment?
- How quickly will the technology of the equipment improve?
- What is your monthly budget?
- What are your tax needs? The Capital Funds Leasing team can provide general information about the tax benefits of the different lease types.
- Do you want to own the equipment at the end of your lease?
Call Beacon Leasing today to get your application started!
Construction Equipment Leasing
Leasing construction equipment for your business is an excellent choice. According to industry research, approximately $3,401,620,772 of construction equipment is financed each year by businesses in the United States. These businesses lease construction equipment because they know that leasing offers numerous advantages over other types of financing, including tax deductions, balance sheet management, immediate write-offs, great flexibility, customized solutions, better asset management, improved cash flow, flexible end of term options, easy upgrades, and fast processing. At Beacon Leasing we have helped numerous of contractors and construction companies lease the equipment they need to succeed.
Don’t let cash flow restrict your business growth.
As new opportunities arise, the need for additional equipment becomes urgent as businesses strive to move forward. Whether a small family enterprise or a multinational corporation, all companies share a common denominator—cash flow is the lifeblood of business. Even for a company with large cash reserves, financing equipment acquisitions makes business sense by matching cost to benefit. Cash flow becomes predictable and justifiable. Rather than tying up precious working capital or bank lines, smart businesses let the equipment benefits pay for the equipment…while their cash reserves and borrowing power work to fund their future success.
Customer Service
What separates Beacon Leasing Inc. from our competitors is the hassle-free convenient customer service.
Beacon Leasing Inc. is making a long-term commitment to you and offers the continued service throughout the term of the lease and beyond. It is our pledge to you that we will do ‘whatever it takes’ to ensure your satisfaction with Beacon Leasing Inc.
If you need assistance or you have questions please email or call us toll free at (877) 369-6866 so that we might be able to assist you.
Benefits of Choosing Beacon
- Over 16 Years Experience – With our experience in the industry we have established relationships with many banks and equipment vendors. This allows us to get the best possible deal to save you money.
- No Down Payment Required - When you lease with us you have the option to have $0 as your down payment. This is beneficial for small businesses as it lets you get your business up and running without a high initial investment.
- We Lease ANYTHING – We lease everything from outhouses to leer jets. If it has a cost of over $1,000 we will be happy to fulfill your leasing needs.
- Operate in the United States and Canada – Although we are located in Columbia Falls, Montana we do deal with businesses all over the United States and Canada.
- Fast Approval Process- Once the lease application is submitted to us the approval process generally takes less than 24 hours.
- You Do the Shopping- We lease the money to buy the equipment, not the actual equipment itself. This means you get to do the shopping, allowing you to shop around and find the best deal on new or used equipment.
Tax Benefits
Under so-called “tax leases,” the lessor owns the equipment for tax-reporting purposes. “In a tax lease, the lessee is ‘trading’ the tax benefits of equipment ownership with the lessor for favorable payments and more flexible tax management,” noted Deborah Borow in Business First of Buffalo. “Depending on the lessee’s specific tax situation, this lease feature can significantly lower the total cost of equipment.”
Synthetic leases, meanwhile, are structured as a loan for tax purposes but as a lease for accounting purposes. “It allows corporations to acquire assets that are financed off the balance sheet while retaining the tax benefits of ownership,” said Borow.
Lease your equipment today with Beacon Leasing.
Leasing when Lacking the Funds
When businesses need machinery, computers, copiers or any other equipment but lack the cash, they often opt for a true lease agreement which is similar to renting a piece of machinery or furnishings for an extended period of time with the intention of exchanging, or upgrading items at the end of the term or when newer models become available. Lessees have the advantage of having access to state-of-the-art tools and accessories without paying top dollar. True equipment financing may be more popular because monthly installments tend to be lower than a equipment lease agreement, which works similar to buying on an installment plan. Companies which offer business accessories on a true lease can make more revenue by renting items again and again to various individuals and businesses. For example, a company finances a copier to a small firm for one year, at the end of which the lessee decides to upgrade to a pricier model with more features. The copier company has the option of leasing the older unit to another business owner, and another, until the original wholesale price of the copier has doubled or even tripled, especially when financing fees are added.
Equipment Financing article
Entrepreneurs may opt for equipment lease financing rather than investing cash in machinery that may become obsolete over time or increase overhead expenses. Technology, especially in electronics, changes so rapidly that corporations often prefer leasing computers, laser printers, copiers, and even telecommunications systems rather than buying. Business owners reason that money spent upgrading or purchasing new equipment to keep pace with technological advances every few years could be better utilized by entering into either a “true” or a “finance” lease agreement. Another consideration for leasing over buying is simply to keep down overhead. Many companies, especially startups, cannot afford to furnish offices full of computer systems, desks and chairs, and file cabinets without breaking the bank. Long term rentals level the playing field between large corporate moguls with limitless funds versus small businesses with limited operating capital.
When businesses need machinery, computers, or copiers but lack the cash, they often opt for a true lease agreement which is similar to renting a piece of machinery or furnishings for an extended period of time with the intention of exchanging, or upgrading items at the end of the term or when newer models become available. Lessees have the advantage of having access to state-of-the-art tools and accessories without paying top dollar. True equipment lease financing may be more popular because monthly installments tend to be lower than a finance agreement, which works similar to buying on an installment plan. Companies which offer business accessories on a true lease can make more revenue by renting items again and again to various individuals and businesses. For example, a company leases a copier to a small firm for one year, at the end of which the lessee decides to upgrade to a pricier model with more features. The copier company has the option of leasing the older unit to another business owner, and another, until the original wholesale price of the copier has doubled or even tripled, especially when financing fees are added.
Certain types of long term equipment lease financing allows business owners to eventually own the machinery, computer, or copier at the end of the agreement or simply terminate the agreement and rent another piece of equipment. Finance leasing offers business owners an installment plan which works similar to buying an automobile or other big ticket item. All monthly payments go towards the purchase of the item; and lessees only need to make a buyout payment to transfer ownership, unless they decide to rent another piece of equipment under a separate agreement. Click here for more.