Benefits of Leasing Office Furniture

Leasing works for any type of business
Every imaginable type of business and/or organization throughout the world leases equipment or furniture. Proprietorships, partnerships, corporations, government agencies, religious, and non-profit organizations participate in leasing programs. Over 80% of American businesses lease some of their equipment and nearly 90% say they would choose to lease again.

Make better use of capital
Conventional bank loans usually require more money up front than leasing and often have restrictive covenants. Banks usually will require a 10%-20% down payment.  Leasing generally requires only one or two payments up front, which are applied to future payments.

Finance 100% of costs
In most cases, the full amount of the equipment or furniture, as well as the shipping and installation and maintenance costs can be included in the lease. This spreads the payments out evenly over the term of the lease and frees up working capital for other areas.

Tailor a solution to meet needs
Leasing is flexible. Customize the length of time and the amount of the monthly payments to meet desired business needs.

Tax advantages
Depending on the structure of the lease, the entire monthly payment including interest may be written off as a deduction for the whole term.

Little money down
Two payments are all that is usually needed to start a lease. (Vs. the 10%-20% banks require in a loan).

Protect credit lines
Bank credit lines remain intact for other needs.

Off balance sheet financing
Leases are usually not required to be reflected on a balance sheet as debt, therefore making your company more attractive to potential lenders.

Flexible payment plans
Unlike conventional loans there are a number of alternative payment cycles available.

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