Leasing Advantages The advantages of leasing your equipment with Stiles Leasing
The lease can be tailored to your individual cash requirements.
- Capital Conservation
Leasing enables you to conserve your capital for business expansion, sales promotions, plant refurbishing, inventory, or other alternatives, without foregoing the acquisition of needed equipment.
- Additional Lines of Credit
Credit lines with banks may be reduced when funds are borrowed for the acquisition of equipment. Leasing keeps those lines intact, and establishes an additional credit line with a national lease company.
- Fixed Monthly Payments
Monthly payments on a lease are fixed for the entire term of the lease. This helps you manage your cash flow and enables you to plan ahead, no matter what happens to market rates.
- Minimal Down Payment
Leases generally require a small advance monthly payment, unlike a purchase or bank loan, which usually require a down payment of 10% to 20%.
- 100 % Financing at a Fixed Rate
A lease approval can include financing of a total package that includes freight, installation, software, training, and tooling.
- Ability to Work Within Budgetary Restrictions
Many companies acquire equipment via leasing because it allows them to work within their operating budget restrictions.
The rates are among the lowest that can be found in the industry, because we are dealing directly with national funding sources instead of using a regional lease broker.