Purchasing a new LED sign for your business can be a substantial investment and may require a large lump cash for payment, which can be better used for different aspects of your business. Now more than ever there are many incentives for having a flexible lease payment opposed to paying upfront for your LED sign.
Deduct your monthly lease payment as an operating expense. Leasing also helps you avoid the Alternative Minimum Tax (AMT), reducing your AMT tax liability.
Cash is always king. Keep more of it at work in your business by leasing. You will be free to spend on other items - inventory, personnel, advertising - if your money isn't tied up in equipment costs, your company has more financial flexibility.
A major equipment purchase can tie up your line of credit. Leasing won't. You will have more capital at your disposal when you need it.
Structure lease payments to fit your budget.
Fixed monthly payments help you budget into the future.
You can include all the "soft" costs related to equipment purchase - shipping, software, installation - right in the lease.
By locking in the amount of the monthly payment now, you will avoid future inflation risks.
Many financial institutions prefer to lend money on a shorter-term basis, typically 12 to 36 months. Leasing allows you extend your terms up to 84 months on qualifying equipment.
Leasing provides use of the equipment for an agreed-upon monthly payment. Leverage the latest technology without making a major upfront investment.
At the end of your lease term, you can choose to purchase the equipment, upgrade to new equipment or continue to lease with substantial savings.
A low monthly lease payment that can easily fit into any company's budget.
The amount of business your LED sign will attract combined with low monthly payments, will result in increased profits for your business.