CUSTOMER BENEFITS OF TECHNOLOGY EQUIPMENT LEASING

• Competitive Advantage – As a strategic business decision and as a result of the speed and flexibility of leasing, quickly deploy the latest and best technology in your business operation.
   
• Retain Financial Flexibility
• Cash is King - No Large Cash Outlay
• Preserve cash for core business operation.
• Conserve capital without obtaining additional outside investment & dilution of ownership.
• Let the Equipment Pay For Itself - Match equipment costs with benefits over time with a lease.
• Flexible Payment Options - Seasonal payments, step-up or step-down payments, and other options available.
• Fund installation and other soft costs in addition to hardware and software.
• Equipment sales tax is included in monthly lease payments vs. upfront payment.
   
• Benefits vs. Bank Financing
• Avoid Using or Preserve Bank Lines – Avoid restrictive covenants or avoid violating them.
• Bank loans generally require a broad lien UCC filing on all business assets whereas leases only require a lien placed on the leased equipment.
• Bank loan/debt financing down payments (10-20% in some cases) are larger than upfront lease payments (typically only one or two payments to start).
• Fixed Rates & Payments vs. Fluctuating Debt Financing - Lease rates are fixed vs. variable rate bank loans.
• More Accurate Forecasting & Planning
   
• Avoid Equipment Obsolescence – Use equipment for a limited time or upgrade/add-to vs. outright purchase obligation.
   
• Tax Benefits – Subject to lease type and tax codes, leases typically allow equipment to be depreciated more quickly as an operating expense over the term of the lease vs. over the operating life of the equipment.
   
• Additional HiTech Leasing Benefits
• Easy Application Process - Secure online application or one-page fax application with no financial statements required in many cases.  Application turnaround time is usually less than one day and, in many cases, completed within hours.
• Competitive Lease Rates & Flexible Programs
• Leasing programs available to customers with all types of credit histories (A, B, C, D, & Start-Up).