Equipment Lending Specialists

Equipment Finance Leasing: How It Works and Why It’s Smart

Equipment finance and leasing is rapidly becoming a preferred method for businesses to get equipment, with recent studies showing that 80% of U.S. companies, ranging from large corporations to small family-owned businesses, use leasing for some of their equipment needs. This approach offers great cash flow benefits, allowing businesses to operate without the heavy burden of major capital investment.

Why Lease?

Leasing helps you keep your cash in the bank for when you really need it, without messing with your credit lines—keeping your borrowing power strong. Plus, it makes it easy to keep up with the latest machines. The payments are fixed, so you can budget better, and you might even get some tax perks because these payments can often be written off as business expenses.

How Equipment Finance Works

You pick out the equipment your business needs and a leasing company buys it. You then lease the equipment from them for a set period, making regular payments. Most types of financing require down payments of up to 25%, whereas leasing covers 100% of the cost of the equipment. 

Boost Your Cash Flow

Leasing can be a lifesaver for your cash flow. Instead of paying the full price upfront, you spread the cost over the lease term with regular payments. This helps keep your business’s bank account from taking a big hit, letting you invest in other areas.

Stay Updated with the Latest Equipment

Technology moves fast, and keeping up can be costly. Equipment leasing lets you adapt by upgrading to newer models through a new lease agreement. This way, your business stays competitive with the latest tech without the financial strain of purchasing new equipment every few years.

Tax Benefits

Leasing equipment can provide substantial tax benefits for your business. Lease payments are typically considered operating expenses, which means they can be deducted from your taxable income. This deduction reduces your overall tax liability, potentially resulting in significant savings. Additionally, since lease payments are spread out over time, you can better match expenses with revenue, providing a more accurate picture of your financial health. 

Why Streamline Financial Services?

At Streamline Financial Services, we specialize in making equipment leasing easy and affordable. We understand the needs of your businesses and offer leasing solutions that help you get the job done without breaking the bank. Our team is committed to providing flexible terms and supportive customer service to ensure you have a smooth leasing experience.

Take Action Today

Ready to boost your business with the right equipment? Don’t let upfront costs hold you back. Check out our leasing options at Streamline Financial Services and find an affordable way to upgrade your gear. Let’s make it happen for your business. Start maximizing your productivity with minimal financial stress today!

Reach out today or submit your application to explore how we can help fast-track your equipment financing needs and propel your business forward.