The Top 10 Reasons to Lease

While you're considering new equipment for purchase, please keep in mind that you probably shouldn't buy it at all. There are at least 10 excellent reasons for leasing it instead.

1. Gain Major Tax Benefits.

Deduct your monthly lease payment as an operating expense. Leasing also helps you avoid the Alternative Minimum Tax (AMT), reducing your AMT tax liability.

2. Conserve Capital.

Cash is always king. Keep more of it at work in your business by leasing. You will be free to spend on other items - inventory, personnel, advertising - if your money isn't tied up in equipment costs, your company has more financial flexibility.

3. Preserve Credit.

A major equipment purchase can tie up your line of credit. Leasing won't. You will have more capital at your disposal when you need it.

4. Enjoy Flexibility.

Structure lease payments to fit your budget.

5. Improve Cash Flow Forecasting.

Fixed monthly payments help you budget into the future.

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