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Benefits of Leasing

Leasing offers numerous advantages over other types of financing

Tax Advantages

Leasing provides your company with substantial tax incentives you can?t achieve when you pay with cash or finance via a traditional bank loan.  The recently modified IRS Section 179 allowing businesses to write off up to $250,000 in leased equipment.  Alternatively, write off 100{bd9cb9ae6cb5e69e61f2fe6d7e16e0d646eca6922f87b57d0ae94bc65e08b546} of each monthly lease payment as an operating expense throughout the entire term of the lease.

Retain Capital Strength

Purchase the equipment and tools you need now while keeping your payments affordable.  Leasing allows you to reserve your capital for other day-to-day expenses.  A lease is not considered a long-term debt or liability, and it does not appear as debt on your financial statement, making you more attractive to traditional lenders when you need them.

Avoid Obsolete Equipment

Leasing is an extremely attractive option for all your computer hardware and software purchases because technology becomes outdated very quickly.  With a lease, your risk of getting caught with obsolete technology is lower because you can build upgrades and add-ons into the lease.

Quick Approvals

Get up to $100,000.00 by filling out a 1 page Credit application.  Fax it to 704-973-0190 and we will have an answer for you in 24 Hours.

Used Equipment Accepted

Many banks will not fund Used Equipment.  Destin Commercial Leasing can offer a solid payment structure for most types of Used Equipment.

Liquidity

The main reason businesses fail is due to lack of liquidity. Keeping sufficient cash balances in your bank accounts should be top priority for a company of any size. Leasing allows you to conserve your cash for times you need it most.

Convenience

Avoid the information burden by leasing instead of showing 3 years worth of corporate and personal tax returns to your bank.

Capital Budgets

If you are restricted by monthly budgets, leasing is a great way to get the equipment you need and stay under your yearly budget.

Establish Credit

As your company grows, you will need to acquire more equipment to meet your demands. By establishing your credit with Destin’s lenders, it will be easier to obtain future equipment.