Five reasons why leasing is a better alternative to bank loans:

Convenience and Ease
With leasing, we can approve the customer for up to $150,000 with only an application. In most cases, banks will require customers to submit corporate tax returns for three consecutive years. It is a fact that up to 90% of small businesses would not qualify for a bank loan because they fail to show profits. Leasing is quick and easy. Most customers will have an answer within 24 hours.

Less Risk
With leasing, the only collateral pledged is the leased equipment. A major asset (personal residence, building, business, etc.) is not pledged as collateral–just the equipment.
Note: Banks do lien major assets for business loans.

Smaller Down Payment
Leasing does not require a large down payment, which is normally a requirement for bank loans.
Note: Bank loans may require up to a 40% down payment.

Flexibility
Leasing affords you more flexible options at the end of the lease. The equipment can be purchased at a pre-set price, fair market value or returned.

Tax Advantages
Leasing offers the ability to write off your lease payments. Depending on your lease option, you may be able to deduct your lease payment as an expense. A bank loan does not offer this feature.

Florida Office

15550 McGregor Blvd.
Suite 104
Fort Myers, FL 33908

(239) 267-9800
FAX: 954-919-9200

New Jersey Office
Building One
1259 Route 46
Parsippany, NJ 07054

(877) 983–4400