To Lease or Not To Lease Your Business Equipment - Why Equipment Leasing Makes Sense for Small Businesses www.startupbusinessloans.com
May 06, 2015
To Lease or Not To Lease Your Business Equipment - Why
Equipment Leasing Makes Sense for Small Businesses
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Small businesses and startups are finding it much easier to get the equipment they need without having to spend a lot of money up front.
Many small businesses have shunned the banks and other lending institutions and have chosen leasing over any other type of financing available.
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Small businesses and startups are finding it much easier to get the equipment they need without having to spend a lot of money up front.
Many small businesses have shunned the banks and other lending institutions and have chosen leasing over any other type of financing available.
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An easier way to get what your small business needs without having to go through the hassles of
a lending institution?
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an equipment leasing program can help many small businesses take on their industry counterparts and
become competitive as well as successful
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Deciding if an equipment leasing program is right for you or not is solely up to you and no one else.
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Deciding if an equipment leasing program is right for you or not is solely up to you and no one else.
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BE AWARE of the PROS and CONS of equipment leasing programs versus a small business loan
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Let’s take a look at some of the pros and cons of leasing equipment for your small business.
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• There are Smaller Up Front Costs
• A Lease Program is More Expensive Long Term
• Easier to Upgrade as Your Equipment Needs Grow
• Some Equipment May Not be Available or May Not Be Carried by the Leasing Company
• Have the Flexibility to Get The Equipment You Need to Remain Competitive
• You Have a Much Smaller Tax Write Off Than With Buying
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• There are Smaller Up Front Costs
• A Lease Program is More Expensive Long Term
• Easier to Upgrade as Your Equipment Needs Grow
• Some Equipment May Not be Available or May Not Be Carried by the Leasing Company
• Have the Flexibility to Get The Equipment You Need to Remain Competitive
• You Have a Much Smaller Tax Write Off Than With Buying
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• There are Smaller Up Front Costs
• A Lease Program is More Expensive Long Term
• Easier to Upgrade as Your Equipment Needs Grow
• Some Equipment May Not be Available or May Not Be Carried by the Leasing Company
• Have the Flexibility to Get The Equipment You Need to Remain Competitive
• You Have a Much Smaller Tax Write Off Than With Buying
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Is it easier to get a small business loan for your startup?
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Is it easier to get a small business loan for your startup?
Where do you get business loans for a startup when you are just opening your business and don’t have the necessary backing for a loan?
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An EQUIPMENT LEASING PROGRAM might just be right for you after all.
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When searching for an equipment leasing company:
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When searching for an equipment leasing company:
o look for one that has built a solid reputation in your industry and that your competitors use
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When searching for an equipment leasing company:
o make sure they have the equipment you need and prices you can afford
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When searching for an equipment leasing company:
o ask about their end of lease options, upgrades and equipment availability before you sign up
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Find a good equipment leasing company that can serve your needs and the needs of your small business and you will be able to operate more efficiently and become much more successful in the future.
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