Manufacturing equipment leasing accounts for more than $4.5 billion in revenue in the U.S. annually because business owners know the advantage of industrial leasing. In addition to the tax advantages you’ll discover with an equipment lease calculator, you can put your capital to work in other ways to grow your business. Your financial picture remains debt-free and you often have more flexibility with upgrades and upkeep with industrial equipment leases.
Leasing industrial equipment is often the financing choice of business owners who also look to the industrial equipment vendors for in-house financing options. Manufacturing equipment leasing companies offer experienced staff to help you make the best choices while growing your business. Business and industrial equipment leasing is a good choice if you:
1. Want to spread your payments out over a longer period of time
2. Are looking for flexible buy-out options at the end of an industrial machine lease
3. Need quick approval to get business and industrial equipment
Conserve your cash and credit rating with industrial equipment leasingUse an equipment lease calculator to see the monthly savings you can accrue with a direct lender equipment leasing contract. Everything from agriculture equipment to machine tool, laundry, printing and restaurant equipment can be leased. Another option for short-term use is industrial equipment rental, which also carries immediate tax advantages and little immediate cash outlay.
Own your equipment at the end of a business and industrial equipment leasing contractMost industrial equipment vendors offer creative and individualized programs to accommodate the business owner who wants to eventually own the equipment. The options can be set up in a variety of ways, customized to make the most of your industrial equipment leasing contract.
Avoid the wait and get your equipment quickly with industrial equipment leasesGet equipment leasing information and approval within hours from some manufacturing equipment leasing companies. The risk is minimal for industrial equipment vendors who offer industrial leasing because they own the equipment as long as the lease is in force. While you need positive credit ratings to receive a good deal for industrial equipment leases, the credit requirements are not as strict as a standard commercial lender.
- Check all the terms of industrial equipment leasing before signing. Look for fees or timetables that may not be revealed upfront.