bmsrentals.com - Minneapolis Minnesota

Here are ten (10) great reasons why approximately 80% of American businesses continue to embrace leasing to finance their equipment acquisitions.\

1. 100% Financing No down payments are generally (98% of the time) required and soft costs such as freight, installation, etc. can be built into the lease. Exception: depending on an accounts credit worthiness, a i.e. one month lease payment may be required to be held and applied against the last month of the lease.

2. Leasing Conserves Capital It doesn’t use up all your money at once as with a straight purchase. Leasing frees up working capital for more productive operational uses and business opportunities. It also allows you to overcome capital budget restraints.

3. Fixed Rates Rates and payments are fixed to protect you against inflation or stock market volatility.

4. Preserves Credit Lines Keeps bank lines of credit open for emergencies and diversifies or spreads your credit.

5. Off Balance Sheet Financing Certain qualifying leases may provide for “off balance sheet” accounting treatment, thereby preserving your debt ratios. Leases, depending on their type can be treated just like an operating expense and not reflected on your Balance Sheet. However you receive the expense deduction similar to a fixed asset being depreciated on a monthly basis.

6. Tax Advantages Sales tax can be deferred over the term of the lease and qualifying payments thus reduce tax computation liabilities. You should discuss these advantages with your accountant or tax advisor.

7. Hedges Obsolescence The equipment can be turned in on a new lease and upgraded allowing you to keep up with technology advancements.

8. Flexible Payments and Terms No money down, extended terms, flexible payments, and equipment additions and upgrades are all available. Unique Terms and Conditions that we haven’t found elsewhere are available on jumbo or large leases exceeding $250,000. OS Leasing is open to your suggestions also…

9. Fast Application Approvals Quick credit approvals ensure that you get your equipment as fast as possible

10. Simplified Documentation, Simplified Billing and Custom Billing Available Smaller ticket transactions require just a simplified credit application. Master leases and on one invoice can be handled easily. Administrative service relative to invoice billing and verification are also option.