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LeaseNOW Leasing is one of the most widely used financing tools for businesses of all types. Projections show that the equipment leasing industry will finance over $320 billion of capital equipment this year alone. Eight out of 10 companies in the United States have used this financing tool at one time or another. If you're not sure your company has ever leased anything check out how you financed your copy machine. If you didn't pay cash for that copier there's an excellent chance you leased it. Many leasing companies will hand you a brochure that give you 8-10 "reasons" to lease. These reasons usually tell you that your lease can be tax deductible and helps preserves lines of credit. It also allows you to enjoy the use of an asset without the risk of ownership, preserves your cash, and lets you match your payment with income or savings produced by the equipments. All of these reasons can actually be valid reasons for entering into a lease. The problem is that they are not valid for all Lessees and can have a major impact on your decision to lease. The fact is that the only way to determine if any of these advantages are applicable in your situation is to be a well educated Lessee. And here's a revelation for you: even if you can't expense the payment on your tax return, and your banker tells you that your lease will be considered just like any other debt when your line of credit comes up for renewal there are still plenty of good reasons to use lease financing. Click here to learn more about lease financing. Mount Pleasant Capital Group provides lease financing to all kinds of companies. You can apply online, or contact us for more information:
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