True Lease – Provides the ability to write off 100% of the payment each month as an expense to the business keeping your purchase off balance sheet (similar to a rental). You’ll have the option at the end of lease to continue renting, turn in the equipment and upgrade, or pay the Fair Market Value determined at end of lease (typically not to exceed 20% of the original cost).
Capital Lease or Equipment Finance Agreement – Both structures will be an on-balance sheet purchase with no options to rent, return, or pay additional value to own as both structures assume customer ownership upfront. Instead of writing off the sum total of annual payments, you may write off your lump sum finance amount.
- Utilize leasing and financing to maximize your tax benefits!
- Transaction sizes range from $5000 to $500,000 transaction sizes
- Terms range from 12 to 60 months and can be structured to best fit your monthly cash flow goals
- Funds can be used to purchase tools, test, and safety equipment as well as any business equipment purchases for your company!
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