4 Smart
Business Reasons
For Leasing To OWN
1. Aquire your equipment with little up front cost while exploiting your equipment’s full value today before paying the full price. Your equipment can immediately begin generating your business revenue while paying for itself.
2. Leases can be deducted on your tax return and the GST, HST and/or PST is distributed over your lease term allowing you to claim tax write-offs for the entire duration, lowering the cost of the equipment lease.
3. No need to spend your available cash savings allowing you to manage your cash flow during potential revenue fluctuations or when you are considering new projects.
4. Leasing-to-own your equipment gives your business a capital asset – while not adding to your debt load. Most credit scores calculations don’t register the total amount of your current equipment lease which leaves you unrestricted for future leases.
