Leasing is an excellent way to grow your business without huge out of pocket
expenses. In today's environment, over 40% of all equipment is leased. In most
cases, the full amount of the equipment, as well as the service, shipping, installation
costs, software and maintenance can be included in the lease. This spreads the
cost out evenly over the term of the lease freeing up your money to work harder
for you.
When starting or growing your business, cash is often in short supply. One
way to spend less is to lease essential office equipment instead of buying it.
Unlike renting, which is much too expensive to consider as a long-term alternative,
eCap Leasing offers a number of critical advantages:
eCap Leasing makes it easier to keep pace with technology. Leasing is especially
attractive if your business relies upon cutting-edge technology such as the
latest computers, communications devices or other equipment. Some office equipment
leases even have yearly computer upgrades built into them -- eliminating that
difficult decision of whether you can afford to upgrade or not.
eCap Leasing allows you to afford more. While you might not be able to afford
to purchase those pricey ergonomic chairs your employees are asking for, you
may be able to lease them. Better furniture and equipment can create a more
professional image and boost morale and productivity.
eCap Leasing has balance sheet benefits. You may be able to exclude some leased
assets and related obligations from your balance sheet. Such moves might improve
financial indicators such as your firm's debt-to-equity ratio or earnings-to-fixed-assets
ratio. Bear in mind, however, that accounting rules do require your balance
sheet to report assets leased under certain types of agreements.
eCap Leasing improves your cash flow and makes budgeting easier. No more planning
for capital expenditures and scrambling to meet unexpected equipment requirements.
With a known monthly budget, even adding or replacing equipment may result in
no increased monthly cost.
