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The
Calculator, can
provide an estimate of the monthly payments based on the amount leased
and the length of the lease. Note the tabs at the bottom of the
spreadsheet. One is a standard lease, the other is for healthcare. An
application is also included for your convenience.
Complete
an application
(PDF)
(MS Excel)
Finance
Fact - What is IRS Section 179?
See Answer . . .
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Conserve
Capital:
“Cash is King.” Save it for other uses. The average cost of
funds for a company using its own cash is 12%
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Conserve Credit:
No compensating balances required, no loan covenants violated.
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Financial Statements:
An Operating Lease appears as a footnote on a financial
statement, not on the balance sheet. |
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Expect Fixed
Payments: Accounting for the payments is simple. No
surprises as with a variable rate loan. |
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Extras:
Lease packages can include more than the equipment cost
(e.g., system upgrades, operator training, spare parts, start-up
supplies, etc.)
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Cash Flow: “Step”
and “Skip” payments can be arranged to compensate for seasonal
fluctuations in business cycle. |
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NO OBSOLESCENCE
WORRIES: Always be using State-of-the-Art equipment.
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Rent a scanner package for those small jobs. Our
rental package includes the scanner, PC, software, set-up
and instruction.
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