https://www.leasefunders.com/construction-equipment-lease-options Using equipment leasing to give you a competitive edge

1. Using Equipment Leasing To Give You A Competitive Edge
In business being able to utilize your resources to the fullest is important.
As a business owner, you need to be able to maximize your financial resources. That's one of
the main reasons why so many small business owners art turning to equipment leasing.
Equipment leasing makes buying expensive equipment easy and with minimum cash outlay.
Here are some ways smart business owners and supervisors utilize equipment leasing to beat
their competition:
Easy application and approval process
Equipment leasing is open to most business owners. Whether you have good or bad credit. Its
also open to start up businesses. Of course not all equipment leasing companies will work with
bad credit or a startup. You need to ask them before you apply. A good place to start is
Leasefunders.com, they not only provide financing to well established business, but they do bad
credit and startup business financing.
Equipment salespeople
Use equipment leasing all the time to sell their equipment. Instead of selling a $35,000 price
tag, they can focus on selling their client on the low monthly payments and affordability of their
equipment.
Also the easy approval process allows the savvy equipment vendor to quickly take a 1 page
application and submit it to their lessor. They can have an answer back sometimes same day! If
you see business equipment and need to set up financing for your clients, check out our vendor
leasing programs!
Maintaining State-of-the-Art Technology
By using equipment leasing, companies are able to much better handle technology turnover. At
lease end, they are then able to rid themselves of outdated equipment by returning the
equipment to the lessors.
Many construction companies find equipment leasing useful when they have a short term
project and may not need that equipment again for several months or even years, when they
get a similar project. It doesn't make sense for them to buy a piece of equipment and then have
it sit for long periods of time until the next project. Equipment leasing for construction
companies is a great money saver.
Maximizing Tax Benefits
With an equipment lease you can write off your monthly payments up to 100%. (Talk to your
accountant) Unlike a loan where you can only depreciate the asset.

2. Preserves Working Capital
Equipment leasing usually requires first and last payment. If you have excellent credit you may
qualify for only 1 payment down.
Unlike business loans where you will often need to put 30% down.
Gives your staff the best tools
You can use equipment leasing not only to buy things like computers, office equipment or
construction equipment. You can buy software too.
By giving your staff the best tools to work with you will see your bottom line grow!