If you need to acquire equipment, you should seriously consider leasing over purchasing. Leasing equipment with Team Leasing finance has specific advantages over other types of financing or purchasing with cash. Paying cash for an asset uses working capital that should be applied to growing sales and generating a return for the shareholders. Their expected rate of return will always be higher than the interest rate in a lease.
We will give you a clear understanding of how lease financing will help you when acquiring equipment crucial to your company’s success. Here’s some of the advantages of lease financing from Team Leasing:
- Leased equipment can pay for itself. A lease enables you to pay for the equipment with the profits or savings it generates.
- Leasing improves cash flow by letting you acquire equipment immediately and still preserving your working capital, with no large up front costs.
- Leasing maximises tax advantages as all payments are tax deductible. Equipment that has to be depreciated over long periods is ideal to lease as you can accelerate the tax benefit by leasing over a shorter period.
- Leasing simplifies budgeting. With a known fixed payment for the term of the lease, budget figures are easier to project.
If you want to make the most out of the advantages of a lease from Team Leasing, apply now or contact us online or call us on 1300 798 977 and learn how we can help your business grow.