7 Benefits of Businesses Leasing Equipment and Not Paying Cash

Why You Should NOT Pay Cash For Your Business Equipment

 

For business, maintaining a positive cash flow is absolutely a necessity. In fact, without positive cash flow, a business will not survive economic swings. In fact, current studies have shown that it is more beneficial for a business to lease their equipment rather than invest their cash (which reduces liquidity). So, we’ve put together the best reasons to lease equipment rather than buying the equipment.

 

  1. Flexibility

As your business grows, so does your needs. That is why leasing equipment is the best option. When you lease equipment, you conserve cash flow which allows you to better manage any unexpected changes in the business. If you need to acquire more equipment it can be done with a low monthly payment.

 

  1. Newest Technology

This ties in with flexibility as you are tied down to old, broken down equipment. Equipment is constantly improving to provide the fastest, most efficient experience and with leasing, you can enjoy/reap those same benefits. By obtaining new equipment for a low monthly payment and little out of pocket expense you have the ability to more easily upgrade to new technology.

 

Equipment Financing Section 179 Tax Advantages

Tax Code Section 179 Section 179 Example Here is an example of a business owner using tax code section 179.…

Read More
Software Financing

 

  1. Asset Management

No one likes to assume risk of failure but that’s exactly what you’re doing whenever you choose to purchase equipment outright. Whenever you lease business equipment, the lessor ends up managing all the risk.

 

  1. 100% Financing

Whenever you can, you should always look for ways to maintain a positive cash balance. Leasing allows you to do this as, most of the time, you can finance your business equipment 100% without any down payment.

Expanded Industry Financing Solutions

Automotive Equipment Financing & Leasing Auto Lifts Tire Balancing Machine Smog Test Machine  Auto Repair Equipment Windshield Repair Equipment Restaurant…

Read More
Merchant Advance

 

  1. Capital Preservation

Tying in with 100% financing is capital preservation. Again, having cash on hand is much better than not as your business is much more flexible, without being debt ridden. You can plan better, make better decisions and be ahead of the competition when you have positive cash flow.

 

  1. Improved Expense Planning

Knowing your budget helps you make safe, sound decisions regarding your business. Instead of losing business flexibility, leasing business equipment allows you to reduce budget fluctuations, allowing you to stay competitive in your industry.

 

  1. Tax Benefits

And finally, saving money is always preferred. For those who are leasing business equipment, they may be eligible for tax deductions on their leased payments.

 

 

So, there you have it. Seven reasons why leasing business equipment is the better option for your business no matter what size company you are running.

Schedule a Call with a Business Advisor

Have Questions about our Programs? Schedule a call with a Business Advisor to see how BNC Finance can be a resource to your business.

BNC Finance Blog

Get Financing Blog

what is tax code 179

What is Tax Code Section 179

Read More
5 reasons you should replace your equipment before it breaks

5 Reasons you should replace equipment before it breaks

5 Reasons you should replace business equipment before it breaks Using equipment to the end of its life cycle has…

Read More
10 Benefits of Financing your Business Equipment

10 Benefits of Financing your Business Equipment

Every business utilizes some kind of equipment. As a matter of fact, you cannot run a successful business without getting…

Read More
Construction Drone Financing

How to Qualify for Commercial Drone Financing & Leasing

You pick the Commercial Drone Equipment you need and we help you finance it. Contact BNC for Commercial Drone Equipment…

Read More
Dental Equipment Financing

Dental Equipment Financing Program by BNC Finance

Dental Equipment Financing and Leasing You pick the Dental Equipment you need and we will help you finance it. Contact BNC…

Read More
Commercial Drone Financing

Business Drone Financing allowing many commercial sectors to increase productivity while reducing expenses.

Commercial Drones for Construction The architects and people in the construction sector are making the best use of drones. Drones…

Read More

Offer Financing Blog

what is tax code 179

What is Tax Code Section 179

Read More
Social Media Tips to Sell Heavy Equipment (1)

Social Media Tips to Sell Heavy Equipment

Are you a company selling heavy equipment? If so, you have probably given a lot of thought to your marketing…

Read More
Equipment Leasing Tax Code 179

Equipment Financing Section 179 Tax Advantages

Tax Code Section 179 Section 179 Example Here is an example of a business owner using tax code section 179.…

Read More
Increase Business Revenue through Strategic Partnerships

How to Increase Business Revenue through Strategic Partnerships

Forming Strategic partnerships with businesses provides mutual benefits and equips businesses to offer customers more value added options. Statistics have…

Read More
Offer Equipment Financing

Ways to Increase Equipment Sales Through Strategic Partnerships

As businesses grow and expand, owners are learning to use their money more carefully, stretching the dollar as far as…

Read More

Close More Sales – Offer as Low as Monthly Payment Calculator

Have you ever sent out a quote & never heard back from the client? Not everyone will tell you your…

Read More

Industry Related Blog

Dental Equipment Financing

Dental Equipment Financing Program by BNC Finance

Dental Equipment Financing and Leasing You pick the Dental Equipment you need and we will help you finance it. Contact BNC…

Read More
Commercial Drone Financing

Business Drone Financing allowing many commercial sectors to increase productivity while reducing expenses.

Commercial Drones for Construction The architects and people in the construction sector are making the best use of drones. Drones…

Read More
Catering and Event Equipment Financing and Leasing

Event Rental Equipment Financing Program

BNC Finance’s Event Rental Equipment Financing Program allows You pick the Event Rental Equipment you need and we will help…

Read More

How Property Managers Increase Rent Collection while reducing operating expenses

Rental Owners rent out properties in order to collect revenue in the form of rental income. It sounds like an…

Read More
Cost Cutting for Health and Fitness Clubs

How Health and Fitness Clubs Can Reduce Operating Expenses

Health & Fitness Club Expense Reduction Many Health and Fitness Club Operators focus on how they can increase per member…

Read More

4 Tips to Manage your Restaurants Cash Flow

The restaurant business is one of the most difficult industries to manage cash flow. One slow week is all it…

Read More