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Estimated Lease Payment Calculator
PDF of Leasing Services Group Application
We use Leasing Services Group to give you options and competitive offers.
LSG has been building networks and expanding since 1998 with many very
satisfied clients. Both are very flexible to help
rather than dictate your purchasing, and they will stay connected
with you even after the final payment.
These companies will even
consider what some might call 'high - risk' clients. This might be a good
way to rebuild damaged credit while getting the equipment you need to get
the job done right.
Leasing
equipment is a good way to recover lost tax money as leases are 100% 'write
off'. Leasing is also good for maintaining capitol as by making smaller payments
each month you can keep your money for more important things such as day to day
expenses, parts, stock, or anything else that will make profits. Please use the
leasing calculator below and you will
have a rough idea of what the monthly payment might be.
When we lease a
custom or special order machine we will refund the 'non-refundable' 30% deposit
within 72 hours from when delivery is made, to allow you the most capital to
operate.
SOME OF THE OPTIONS AVAILABLE
If cash flow and lease payment amount are critical, we might
suggest a true, or operating lease. An operating lease is considered an
"off-balance sheet" liability and contains a provision to purchase the equipment
at the end of the lease for market value. An operating lease is also
particularly advantageous to the customer if the lease is for computer systems
or high-tech equipment, because of the usage flexibility it allows. Further, it
can work to the customer's benefit for tax purposes because the payments may be
deducted as an operating expense.
If long-term ownership of the equipment is your goal, a capital
lease might be your best choice. Similar to a bank loan, it would be categorized
on your balance sheet as a long-term liability, with interest expense on your
income statement. At the end of your lease, you can purchase the equipment for a
modest sum. Most purchase options range from $1 to 10% of equipment cost.
A type of lease arrangement whereby an asset owned by the Lessee
is sold the Lessor for cash and is in turn leased back by the Lessee. This type
of lease is often when the Lessee is sourcing additional cash for its business.
Step leases, either up or down, are designed to match irregular
revenue streams inherent in the nature of your business. Step-up leases begin
with lower then normally amortized monthly lease payments that increase or
'step-up' over the lease term. The steps may be structured into a lease for
virtually any interval however 6 and 12 month step intervals are most common.
Step-down leases follow the same theory except monthly rentals are periodically
reduced over the term of the lease.
Depending on the situation and the credit strength of the lessee,
these companies can structure a 90-day deferral option. This option can make the
most sense for customer who need immediate access to new equipment but need time
to ramp up cash flow from operations.
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