Funding Success - $2,200,000
Office & Tenant Improvement
Let’s face it: office equipment is expensive, and if the thought of spending large sums of your business equity fills you with dread, don’t worry. There is another option. That option is leasing your equipment from Equipment Leases.
Equipment Leases is a name you can trust in office equipment leasing. We work with you to plan a lease agreement that fits your needs and your budget. It doesn’t matter if you need terminals, photocopiers, printers, servers, or other equipment; you can get a lease with promising terms and extraordinary advantages by signing up with us. We will work with you to get the most out of the lease.
The difference between purchasing and leasing equipment
You might think buying office equipment is the way to go, but there are several reasons to lease instead of purchasing equipment.
The main difference is that when you own the equipment outright and need new, updated, innovative equipment, you have to sell the equipment you own, which is not profitable. Those payments may be flexible if you finance office equipment, but they are exorbitant. Not to mention that business needs change rapidly.
When leasing, however, you do not need to sell off old equipment when ready to upgrade or expand. Leasing also frees up capital for other items for tenant improvements or different day-to-day needs. Leasing is also an expense that can be deducted from your tax liability.
What office equipment do we lease?
We lease pretty much all the office equipment you will need. Some of those include:
- Photocopiers
- Laser printer
- Fax machines
- Telephones
- Videoconference equipment
- Work stations
- Office furnishings
- Postage machines
We lease a lot of office equipment. Remember, Equipment Leases is an expert in office equipment leasing. We make it easy and straightforward for you to apply, and we know the tax code regarding leasing and expenses to help you get the most out of your tax liability. Contact us today.
Equipment Leasing Success
Furniture, Fixtures, and Equipment Success
Often referred to as FF&E – nothing is more critical to a business than a chair for a customer or client to sit on, a desk to work from, or a cafeteria so your employees can enjoy lunch at work. Most FF&E items do not have serial numbers and are very difficult to track from a collateral perspective. Most Banks shy away from this type of asset because there is no future value or residual. Office furniture is devalued at 40% on Bank valuation tables on day 1! At 60 months, they have a value of 5% of the cost, but the everyday economic useful life of office FF&E is 12 years! It doesn’t make sense that a lender would not provide attractive terms on 12-year life equipment.
We are willing to finance FF&E between 3 and 5 years. As long as there is adequate free cash flow, we are eager to fund these assets because they are considered as “essential use.”