Benefits of Leasing

Whatever your business, whatever your strategies and objectives, in a dynamic business environment, leasing just makes more sense than buying. Leasing gives you financial flexibility, helps you meet changing technology needs quickly and easily, and offers tax advantages, too.

The financial advantages

Improved cash flow and working capital

With a Harbour Capital equipment lease, you get 120% financing. This equates to 100% of equipment costs, plus an extra 20% for soft costs, i.e. shipping, wiring, training, etc. Your payments are often lower than
with other types of financing. In fact, they're a fraction of the total purchase price, and may even qualify as a pre-tax expense. And because a lease may be considered off balancesheet financing, it leaves your credit lines intact for other business uses.

Value of your money

Payments are fixed and unaffected by rumblings in the economy or the market. More of the cash flow, especially the option to purchase the equipment, occurs later in the lease term when inflation makes dollars cheaper.

Convenience and flexibility

You get your equipment faster and begin to generate revenue sooner. Since a lease does not require a down payment, it is equivalent to 100% financing. That means that you will have more money to invest in revenue generating activities.

Tax advantages

Certain lease structures may allow a company to deduct monthly
lease payments as tax-deductible operating expenses.

The technology advantages

More choices, more equipment, lower costs

With a lease, you can specify the manufacturer, the model number, even the source. You're covered by all conventional manufacturers' warranties. And because lease payments are usually lower than other forms of financing, your leasing dollar allows you to acquire more of the equipment your business needs.

Keeping your equipment up-to-date

When you lease, you're never tied to outdated machinery, equipment, or software. You have complete flexibility in end-of-lease options: You can purchase it, refinance it, or simply return it.

You make the choice.