People choose to lease for a wide range of reasons. Thanks to its flexibility, leasing can help meet a variety of goals that businesses might have. Below are some of the more popular reasons cited for choosing leasing to support their equipment acquisition choice.
Almost anything a business could use to operate or generate revenue including machine tools, construction equipment, copiers, computers, software, manufacturing equipment, medical/dental equipment can be leased.
Leasing provides known payments over a specified period and helps take the guesswork out of budgeting. Blue Capital leasing is flexible because there is the option of customized lease payment schedules.
Often a business’s budget only allows the purchase of what they absolutely require, not what they really need. With leasing, you can get the equipment you need now without disturbing your present bank credit lines.
Lease payments are often treated as fully deductible expenses. This may mean a more rapid write off to you. Because the lease term is generally shorter than the depreciable life, payments can be expensed in a shorter duration.
An operating expense which reduces your taxes, it also gives you definite term to use the equipment. You get the asset transferred in your name by the end of term by paying a nominal fee plus during the term you can upgrade at any time.
A rental contract which enables you to use the equipment without owning it.
Entire equipment cost is financed and you own the asset plus your monthly payments cover interest thus reducing the total principle. One can also claim tax deduction for interest paid and on yearly amortization of the asset.
Stands for terminal rental adjustment clause. This is an off balance sheet structure where lease payments are negotiable.
This is a way for you to generate cash for your business for managing expenses, paying off debts or any other purpose by selling your equipment and leasing it again to use for a set term.
We understand different people have different needs, so we too have option where we prepare and execute customized financial plan based on your requirement.
8430 128 St – Unit #20, Surrey, BC V3W 4G3