WHAT ARE THE ADVANTAGES OF LEASING?
Provides 100% financing Provides fixed rate financing for the full term Conserves working capital Does not impact bank credit lines Establishes new credit lines Off balance sheet financing improves financial ratios Tax advantage: 100% of monthly lease payment can be expensed WHO CAN LEASE? ยท Any business: corporation, partnership, or proprietorship with an established business checking account, trade references and credit history. An individual cannot lease for personal use.