No business pays for its employees in advance; they pay people as they contribute. It should be no different with a contributing asset like business equipment. Leasing ena-bles you to pay as you go.

Many banks only lend money for a short term, usually 12 to 36 months. In lease arrangements, the term can be as long as 60 months, and in some cases, even longer.

Because of the sizable cash outlay involved in purchasing new equipment many businesses lease to conserve capital.

Leasing programs and procedures are specifi-cally designed to take the red tape out of financing. A one-page applica-tion is often all that is required.

Special programs reflect the unique fi-nancing needs of specific industries. Small up-front costs make leasing very attractive.

Monthly payments on a lease are generally fixed for the entire term of the lease. This enables you to budget and manage equip-ment dollars for the months or years ahead.

Traditional methods of financing usually do not in-clude “soft costs” such as set-up or installation, service contracts and de-livery fees.

At the end of the lease you may pur-chase the equipment at an agreed upon price ($1.00, 10% or FMV) or simply return the equipment.

Marketing and pricing programs can be customized to reflect the different financing needs of various industries.

The master lease agreement provides for a “line of credit” to cover the acquisition of equipment over time from one or various ven-dors. The pricing is based on the total amount approved, thus giving low-er rates to even the smallest part of the lease package.