Leasing is the single largest form of external corporate finance in the country. In fact, over 80% of companies - from small start-ups to Fortune 500 giants - lease some or all of their equipment. At Restaurant Solutions Inc, we understand what a great value leasing can be for our customers. As such, we have decided to partner with LEASEstation, a financial services company that helps small- and medium-sized businesses with flexible equipment financing options nationwide.
Advantages of Leasing
Conservation of Bank Lines
An available line of credit is an extremely valuable tool to address unforeseen financial emergencies. Reducing your open lines of credit by using them to finance equipment can be dangerous.
Conservation of Cash
Cash flow is critical to the success of any business. For some people, paying cash is a good way to acquire equipment. For others, paying cash can be the most expensive way to solve the problem.
Stay Up to Date
A lease can be written for a term that fits the equipment's usefulness. At the end of the term, the equipment may be returned and a new lease can be written for new equipment that best suits your needs.
100% Tax Deductible
The IRS Tax Code allows a business to deduct the full purchase price for qualifying equipment purchased or financed during that tax year. In this way, you essentially get "free" usage of your equipment for over a year.