Companies that lease tend to create more jobs and be the most entrepreneurial and competitive. Source: Equipment Leasing Association of America (ELAOnline)
Benefits of Leasing
Most businesses lease equipment to maintain cash flow for day-to-day operations and to keep lines of credit available for growth opportunities. In a 2006 survey of the Small Business Administration’s (SBA) U. S. State Small Business winners, “increased cash flow” was cited as the top benefit of leasing equipment.
While businesses may initially consider leasing to maintain cash flow and available credit, they find that leasing equipment can provide other benefits, including:
Consider leasing to maintain cash flow—contact XMi Financial Services today.
* Always check with your accountant or financial advisor to verify deductibility and any tax benefits.