80% of businesses can’t be wrong.

 In today’s fast-paced business environment, it’s no surprise that a high percentage of businesses choose to lease equipment rather than purchase it outright. According to the Equipment Leasing and Finance Association, equipment leasing accounts for approximately 80% of all equipment financing in the United States.

There are several reasons why businesses opt for leasing instead of buying. One major benefit is that leasing allows businesses to obtain equipment without a large up-front investment. This can be especially beneficial for small businesses or start-ups that may not have the financial resources to make a large purchase. Leasing also allows businesses to conserve their working capital, which can be used for other important business expenses.

Another advantage of leasing is that it allows businesses to obtain the latest equipment and technology. With the rapid pace of technological change, businesses that purchase equipment may find that it becomes outdated quickly. Leasing, on the other hand, allows businesses to upgrade their equipment on a regular basis, ensuring that they always have the latest technology at their disposal.

There are also tax benefits associated with leasing. In many cases, businesses can deduct the full cost of leasing payments as a business expense. This can help businesses save money on taxes and keep more money in the company.

Overall, leasing equipment offers a number of benefits for businesses. It allows them to obtain equipment without a large up-front investment, obtain the latest technology, and save money on taxes. With such a high percentage of businesses choosing to lease equipment, it’s clear that leasing is a smart business decision.

Because I specialize in equipment and software financing between $1k – $1mil, it’s important that I move rapidly. And with the help of my team, I’m able to move deals from application to funding within hours.
And not just for well-established companies, I close quickly on start-ups and sole props as well.
I work hard every day, rarely take a day off, and ALWAYS return calls. And with my decade-plus of experience in finance, I know how to work a deal. Call me and find out for yourself.

Equipment Leasing: A Smart Way to Grow a Business

Equipment leasing is a smart way to grow a business, allowing companies to get the equipment they need without the upfront costs associated with purchasing. Leasing allows companies to spread out the costs of the equipment over a period of time, freeing up cash flow and allowing them to invest in other areas of their business.

Equipment leasing can be a great way for businesses to acquire the tools and machinery they need without having to pay a large upfront cost. This allows them to spread out the cost of the equipment over a period of time, freeing up cash flow and allowing them to invest in other areas of their business. Leasing also gives businesses the flexibility to upgrade their equipment more frequently, allowing them to take advantage of the latest technology and keep up with their competitors.

Leasing also provides businesses with a flexible payment structure that can be tailored to their individual needs. Businesses can choose from a variety of different payment plans, including monthly, quarterly, and annual payments. This allows businesses to pay for their equipment on terms that work best for them, and avoid large upfront costs.

Leasing can also be beneficial for businesses that need to replace or upgrade their equipment more frequently. By leasing, businesses can take advantage of the latest technology and avoid the expense of having to purchase new equipment each time an upgrade is needed. This helps businesses stay competitive and keep their costs down.

Another benefit of equipment leasing is that it can help businesses conserve their capital. By leasing, businesses can avoid having to make large capital investments in equipment that may not be used on a regular basis. Instead, businesses can use the funds for other investments, such as marketing and inventory.

Finally, equipment leasing can help businesses protect their assets. When businesses purchase equipment, they take on the risk of owning it, including the potential for depreciation or obsolescence. With leasing, the leasing company assumes the risk of the equipment, protecting the business from any losses that may occur.

Overall, equipment leasing is a smart way to grow a business. It can help businesses conserve their capital, upgrade their equipment more frequently, and protect their assets. It also provides businesses with a flexible payment structure that can be tailored to their individual needs. For these reasons, equipment leasing can be a great way for businesses to acquire the tools and machinery they need without having to pay a large upfront cost.

Because I specialize in equipment and software financing between $1k – $1mil, it’s important that I move rapidly. And with the help of my team, I’m able to move deals from application to funding within hours.
And not just for well-established companies, I close quickly on start-ups and sole props as well.
I work hard every day, rarely take a day off, and ALWAYS return calls. And with my decade-plus of experience in finance, I know how to work a deal. Call me and find out for yourself.

How to Choose the Right Equipment Leasing Company

When it comes to leasing equipment, it’s important to choose the right company. The wrong company can lead to costly mistakes and long-term problems. Here are some tips for choosing the right equipment leasing company.

  1. Research: It’s important to do thorough research before selecting a leasing company. It’s important to read reviews, check references, and speak with other businesses that have used the company in the past.
  2. Cost: It’s also important to compare costs between different companies. It’s important to understand the fees, payments, and other costs associated with leasing from each company.
  3. Reputation: It’s important to consider the reputation of the company. It’s important to make sure that the company is reputable, has a good track record, and is trustworthy.
  4. Terms: It’s important to understand the terms of the lease agreement. This includes understanding the penalties for late payments, the length of the lease, and any additional fees.
  5. Flexibility: It’s important to consider the flexibility of the company. It’s important to understand if the payments can be changed or if the agreement can be terminated earlier than the agreed upon term.
  6. Support: It’s also important to consider the customer support offered by the company. It’s important to make sure that the company is willing to answer questions and help resolve any issues that may arise.

By taking the time to research and compare different equipment leasing companies, it’s possible to find the right company that meets all of a business’s needs. By understanding the cost, terms, and customer support offered by each company, businesses can make an informed decision and select the right equipment leasing company.

Because I specialize in equipment and software financing between $1k – $1mil, it’s important that I move rapidly. And with the help of my team, I’m able to move deals from application to funding within hours.

And not just for well-established companies, I close quickly on start-ups and sole props as well.

I work hard every day, rarely take a day off, and ALWAYS return calls. And with my decade-plus of experience in finance, I know how to work a deal. Call me and find out for yourself.

Financing Equipment: What to Know & Consider

When it comes to financing equipment for a business, there are a number of factors to consider. From the initial cost of the equipment to the long-term costs of upkeep, it’s important to understand the full scope of what financing equipment will entail. Here are some of the key things to think about before making a decision about financing equipment.

  1. Cost: The first factor to consider is the cost of the equipment. It’s important to get a thorough understanding of the cost of the equipment, as well as any associated fees and taxes. Additionally, it’s important to factor in the cost of any necessary repairs and maintenance.
  2. Financing Options: It’s important to understand the different financing options available. Depending on the type of equipment and the size of the business, there may be a variety of financing options available such as leasing, loans, and lines of credit. It’s important to understand the different options and determine which one is the most cost-effective.
  3. Terms: It’s important to understand the terms of the financing agreement. This includes the payment, repayment terms, and any additional fees. It’s important to read and understand the terms of the agreement to ensure that the financing is affordable and the terms are fair.
  4. Reputation: It’s important to research the reputation of the financing company before signing any agreement. It’s important to make sure that the company has a good track record and is reputable.
  5. Flexibility: When financing equipment, it’s important to consider the flexibility of the financing agreement. It’s important to understand if the payments can be changed or if the agreement can be terminated earlier than the agreed upon term.
  6. Budgeting: Financing equipment can help businesses manage their cash flow and budgeting. It’s important to understand how the monthly payments will affect the budget and if the payments can be adjusted if necessary.

Financing equipment can be a great way to acquire the equipment a business needs without having to make a large upfront investment. By understanding the cost of the equipment, the financing options available, and the terms of the financing agreement, businesses can make an informed decision and find a financing option that meets their needs.

Because I specialize in equipment and software financing between $1k – $1mil, it’s important that I move rapidly. And with the help of my team, I’m able to move deals from application to funding within hours.
And not just for well-established companies, I close quickly on start-ups and sole props as well.
I work hard every day, rarely take a day off, and ALWAYS return calls. And with my decade-plus of experience in finance, I know how to work a deal. Call me and find out for yourself.

What kind of equipment should a mechanic lease?

A mechanic may choose to lease a variety of equipment depending on the type of repairs and services they offer. Some common types of equipment that a mechanic may choose to lease include:

Automotive lifts: These include two-post lifts, four-post lifts, and scissor lifts, which are used to raise vehicles for repairs and maintenance.

Air compressors: These are used to power a variety of tools, including impact wrenches, ratchets, and sanders.

Diagnostic equipment: This includes scan tools and code readers, which are used to diagnose and troubleshoot vehicle problems.

Tool storage and organization: This includes tool boxes, tool carts, and storage racks, which are used to keep tools organized and easily accessible.

Specialty tools: This includes specialized tools such as brake lathes, alignment equipment, and engine rebuilding equipment, which are used for specific repairs and services.

It’s worth noting that leasing equipment can be a good option for mechanics that needs the equipment for a short term or for a specific task and might not want to invest in buying the equipment. It’s always recommended to consult with a professional before making a decision.

Because I specialize in equipment and software financing between $1k – $1mil, it’s important that I move rapidly. And with the help of my team, I’m able to move deals from application to funding within hours.
And not just for well-established companies, I close quickly on start-ups and sole props as well.
I work hard every day, rarely take a day off, and ALWAYS return calls. And with my decade-plus of experience in finance, I know how to work a deal. Call me and find out for yourself.