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DID YOU KNOW THAT YOU CAN LEASE THE ENTIRE COST OF
YOUR ACCESS CONTROL INVESTMENT?
Leasing provides our customers with a practical, and effective way to finance the acquisition of the access control and monitoring equipment they need to secure their facilities, staff, inventory, equipment, and intellectual property.
WHY LEASE?
- Source of funds - Leasing provides a new source of funds, often enlarging the pool of capital available to the business - a very attractive alternative to bank financing when "tight money" conditions exist or during periods of expansion.
- Tax savings - Lease payments are made with added revenues generated from the use of the equipment using "pre-tax" dollars. Loan payments are paid from "after-tax" revenues.
- 100% financing - In most cases, only one advance payment is required to initiate a lease/contract.
- Exemption from sales tax on certain types of equipment - If sales tax must be paid, it is paid monthly on the rental payment, not a lump sum up front.
- Inflation hedge - Provides a hedge against inflation by locking in on today's rates and paying monthly with inflated dollars.
- Frees bank lines - Leasing enables the business to avoid the use of short-term bank lines, thus conserving borrowing capacity for financing inventory, accounts receivable and other short-term needs.
- Costs of acquisition can be amortized - Most costs incurred in acquiring equipment can be structured into the lease and amortized over the life of the lease, e.g., training charges, installation charges, software, etc.
- Loan covenants - Many businesses with outstanding bank loans, or lines of credit, have restrictions, or covenants, placed upon them by the bank as a condition of approval for the loan, or line of credit. Depending upon the language and intent of these covenants, a lease may provide a method of financing not otherwise permitted by such restrictions.
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