After careful analysis, you will discover that leasing provides many benefits to your company compared to obtaining a loan through your bank.
Generally, a bank loan will require a blanket lien on your business facility. This can limit your future borrowing since all of your assets will be securing the bank note.
As the economy or your company's financial condition change, a bank has the ability to call your note at anytime regardless of your term. This can also occur if there is a change in the bank's lending parameters.
Here are a few reasons why leasing is beneficial to your company.
- No Points
- Fixed lease term and payment
- No down payment required
- No compensating balance requirements
- No Blanket liens
- 100% Financing including tax, training, shipping software and installation
- Simple application process
Leasing is a trusted form of financing and is used by 70% of all fortune 500 companies. For additional information about your leasing options please feel free to contact one of our highly trained account executives.