Financial Center
Leasing: A Cost Effective Way to Keep Your Business Moving Forward
It has been estimated that the computing power of the world will soon double every year. In the workplace, technology is power. Leasing keeps you at the forefront of that technology by giving your company a financing option that provides the flexibility to retain capital, gain purchasing power, and stay ahead of the competition. Leasing provides the opportunity to refresh equipment every few years, ensuring your company's commitment to technology, efficiency, and progress.
The Benefits of Leasing with the Right Financial Partner
- › Conserves Working Capital
Leasing covers 100% of the equipment. Because cash isn’t tied up in overhead, it’s free for income producing investments or for reinvesting in your business. - › Preserve Bank Credit Lines
Your lease doesn’t affect your existing borrowing limits with your bank. You still have 100% of your bank credit available for alternate needs. - › Flexible Terms
Whether 36, 60 months, or some other length of time, we can customize a lease to fit your particular business and situation. And, if you choose to upgrade or replace the equipment during the lease term – we’ll work with your then, too. - › Easily Upgrade Equipment
Whether your business is expanding or you need to stay on the cutting edge of technology, you can easily upgrade or add equipment to best meet your needs. We will work with you to revise the terms of your original lease agreement. - › No End of Lease Obligation
When your lease is over, you have absolutely no obligation to purchase the equipment. You simply return it. In fact, we will work with you to suggest the latest technology that will best meet your needs. - › Tax Savings
Leasing your equipment is a deductible business expense. For example, if your company is in the 34% tax bracket with a monthly payment of $500, the actual lease payment may be reduced to $330 – that’s a monthly savings of $170 ($500 x 34%) Consult your tax and legal advisor regarding potential tax benefits. - › Accounting Advantages
Monthly payments may be fully deductible as operating expenses rather than accounting for the equipment as an asset. Under an operating lease, you deduct the lease payment as a business expense. This could be to your advantage at tax time. Consult your tax and legal advisor regarding potential tax benefits.
Idaho Business Systems offers net 30 day terms to existing clients upon approved credit. New or used equipment acquisition alternatives include straight rental, leasing, and cash options.
