Why should you lease your next piece of equipment ??
It is better than pa
ying cash or utilizing your bank line.
Lease Vs Buy?
.
Leasing is Cost Effective
Variables Cash Bank Loan Leasing! Down payment 50% of cost, balance due on delivery Usually at least 20% Security Deposit of zero to two lease payments Terms None Normally a maximum of three years One to Seven years, offers more flexibility Credit Line Effect Loss of Liquidity Reduces available credit line An additional credit source Operating Capital Effect Can be heavy due to front-end cost Requires more down payment than lease Minimal due to low front-end cost Budget Treatment Balance sheet capitalization Usually same as cash purchase Often treated as operating expense Accounting Treatment Capitalized and recovered over at least seven years. Cumbersome depreciation records. Usually same as cash purchase Lease payments are generally 100% deductible from income before taxes. Permits more rapid write-off. Payments None Higher due to shorter terms Generally lower on FMV or 10% leases Design & Installation Fees Included No Included
Our Commitment
At MIJ Associates LLC, we treat our clients with courtesy and integrity. We guarantee realistic, honest advice that achieves results. We will assist you in obtaining the equipment you need to run your business. Our years of experience and notable expertise ensure that your equipment leasing future is in good hands. Our consistent track record of uncompromising ethics instills confidence and trust. We use cutting edge technologies to ensure up to the minute information from the financial world. This allows us to respond quickly, and give you the most relevant structure and rates, in the business.
