According to the U.S. Small Business
Administration...
1. 85% of all
companies lease equipment
2. 89% of
those companies will lease equipment again in the future
3. 75% of all
companies that lease indicate that leasing is their average-to-best means for
financing equipment purchases
According to the USDC...
1. $800
Billion - total equipment anticipated to be acquired this year
2. $560
Billion (70%) - acquired via financing
3. $264
Billion (33%) - acquired via leasing
Benefits of Leasing Include:
WORKING CAPITAL
AVAILABILITY
Growth oriented companies need working capital to grow.
Avoid large down payments or credit line reduction.
An affordable monthly lease payment makes sense.
MAINTAINS BORROWING
CAPACITY
Leasing allows you
to acquire equipment without affecting your current banking relationships and
reducing your borrowing power. Your current credit lines are left intact.
WORKING CAPITAL LEASE
Leverage the
equity you hold in your equipment or real estate by refinancing them through a
working capital lease. Better utilize your assets to provide the working capital
you need to help your business grow, without using your lines of credit.
ALTERNATIVE TO EQUITY
FINANCING
Leasing avoids the
dilution of ownership, control, and earnings that equity financing entails.
TAX ADVANTAGES /
IMPROVED CASH FLOW
Since lease
payments are frequently tax deductible, they are made from pre-tax income rather
than after-tax profits, resulting in improved cash flow.
100% FINANCING
Leasing allows the
financing of freight, installation, handling, training and other costs that
cannot normally be financed.
RESISTS INFLATION &
INFLATION RATE INCREASES
Since lease
payments are fixed, there is no worry about increasing interest rates. Leasing
also helps avoid the affects of inflation, since the payments are made in
“tomorrow’s" dollars.
AVOIDS OBSOLETE
EQUIPMENT
With leasing, you
pay to use the equipment, not to own it. At the end of the lease, you do not
have to worry about disposing of obsolete equipment.
OUR COMMITMENT
Your company is unique.
We recognize that and customize programs to reflect those realities.
Wirt’s focus is on growth and solutions
for your firm. Our long-term
orientation and unique solutions for customers are a key benefit to working with
us.
Join the 85% of businesses who lease equipment...
Call today, to see if leasing makes sense for you.
989-892-0658
