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Leasing Benefits
One quick answer...
Banks and other financing sources tend to move slowly, drawing out the process of application, review, etc. until finally you receive your equipment.
Leasing at Pitman moves at the speed of business: on-line application, automated credit scoring, application decision within hours of receipt, speed, flexibility, and expert industry knowledge, all combined to explain why 8 out of 10 businesses use leasing.
Ten more reasons...
| #1 |
Convenience |
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Simpler, more flexible documentation. 100% financing. Think leasing to your company should be a no-brainer? Can't understand how decisions can take so long? They don't have to take long at all... |
| #2 |
Stay on the Edge, Avoid Obsolescence |
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Buying promotes keeping equipment far beyond its useful life. Out-dated equipment is often shuttled downstream or stored away until it is less than worthless (sold for less than the cost of selling). |
| #3 |
Asset Management |
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Leasing and asset management go hand in hand. The process of buying, maintaining and disposing of equipment can distract valuable IT resources from mission-critical priorities. Leasing can be implemented as outsourced asset management. How? Call Us. |
| #4 |
Pay as the Cash Flows |
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Is your business seasonal, your business cycle predictable? Why pay for that new equipment when it is paying for itself? Leasing is flexible: customized lease payment schedule. |
| #5 |
Fixed Rate Lease Payments |
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No variable interest rates here. Fixed payments enable a lessee to more accurately predict equipment costs and cash needs. |
| #6 |
Capital Conservation |
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If it appreciates, buy it. If it depreciates, lease it. Traditional bank lines are perfect for running the day-to-day operations of a business, but not for funding long-term equipment acquisitions. Leasing provides an alternative source of credit and financing more suited for depreciating technology assets. Don't invest in depreciation. |
| #7 |
Overcome Budget Limitations |
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Your budget allows the purchase of only what you absolutely require...not what you really want and need? Ask how leasing can stretch budgeted dollars to acquire the quality and quantity you really need. |
| #8 |
Conserve Credit Lines |
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Leasing does not weaken your borrowing power because money has not been borrowed. Lease and your existing credit line stays healthy and available for the unforeseen future. |
| #9 |
Tax Benefits |
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Lease rental payments are made from pre-tax rather than after-tax earnings. Lease payments may be fully deductible, consult your account. |
| #10 |
Competitive Advantage |
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Leasing can help grow your business! |
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