Considerations When Leasing
Leasing offers a great alternative in preserving customer’s cash flow because it does not require a large cash outlay. A minimal down payment consisting of a first and last payment is usually required in advance, and the monthly payments remain the same for the duration of the lease.
Beacon Leasing understands the equipment and its use, which in turn generates fast and easy approvals.
Many accountants advise their customers to lease, as it can offer distinct tax benefits and preserves their bank credit lines.
Leasing rates are competitive and comparable to bank financing. Plus, electronic documents can be generated the same day as the approval so you can watch a machine demo, apply for credit, have documents signed and receive a purchase order all in the same day.