Leasing is a very cost effective way of acquiring your equipment now and spreading the cost over the forthcoming months or years. The benefits are numerous:

Better Cash Flow. Leasing gives you access to the asset with minimal up-front payments and spreads the cost over time. You pay for the asset with the income it generates, while minimising the drain on your working capital.

No debt. An operating lease preserves your credit options and does not influence your credit limit, as it is generally not classified as debt but as expense.

Maximise Financial Leverage. Your lease can often finance everything related to the purchase and installation of the asset, and may free up cash flow to pay for items such as training.

Simplified cash flow management. Lease payments are usually flat, making cash management more predictable and easier than with a variable rate loan. The fixed interest rate of a lease also helps if interest rates rise.

Tax advantage. Lease rental of equipment is 100% tax deductible, meaning that all payments you make for your equipment are written off against your tax bill. For any profit making business this means a substantial saving in real cost of acquiring equipment by lease rental as opposed to outright purchase.

Flexible time frames. Leasing contracts can be structured to fit your requirements. Use an asset as long as you need it without owning it forever.

Hedge against obsolescence. Depending on your end-of-lease option, just return the asset to the lessor. You will not have the hassle of selling the used asset or run the risks related to residual value and technical obsolescence.   

Get the most from your budget allocation, contact Image and see how you can benefit from leasing