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EQUIPMENT LEASING |
Leasing enables your company to utilize new or nearly new equipment without the long term burden of ownership and repair. This type of financing is a viable alternative to help your business grow and profit. |
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Benefits |
- Obtain the use of late model equipment for a shorter term of 12- 60 month.
- Keeps your equipment current to remain competitive in the marketplace.
- Reduces the cost of general maintenance and down time from major overhauls.
- Improves your business plan and financial ratios for operating growth.
- Provides instant tax relief and defers retail sales tax.
- Lessors typically know the industry they are lending in and will assist with qualifying the fair market value of equipment being purchased.
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Lease Structure |
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The leasing transaction is between the Lessor (one of several Walker leasing companies specializing in your equipment requirement) and the Lessee (your company). One difference is that the Lessor is the owner of the asset and rents the equipment to you for a pre-agreed term. At the end of the term, the equipment is returned, released or purchased if this option was set down |
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Read EQUIPMENT LEASING, Part 2 |