Keep cash on hand to improve cash flow
Leasing provides an alternative line of credit so that existing credit lines remain undisturbed. Capital and lines of credit remain intact and
can be used for other areas of business.
Lease Payments are 100% tax deductible. In most cases, a lease is considered to be a direct operating expense, entitling full tax write‐offs.
HST is not paid upfront as with a purchase.
The entire purchase can be financed without the need for a down payment. Equipment requirements can be met today, without having to wait
for the total cash amount to be budgeted.
Fixed monthly or quarterly leasing payments are simple to manage.
The length of the lease, its terms and payment schedule can be customized to match cash flow requirements.
By spreading the cost of the equipment over the life of the goods, it will reflect its usage and allow for easy replacement when obsolete. Older products can be traded up for the latest technology at any time with just a minimal adjustment to monthly payments.
Les Nip
AFFILATED FINANCIAL SERVICES
(Formerly Equilease Corp)
[email protected]
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