(800)932-3339 (860)779-0825 - International info@gymsupply.com
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Why lease your equipment?
Leasing is the right choice! Get the equipment you need, when you need it!
Leasing offers you the following benefits:
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Low monthly payments: The monthly lease payment will usually be lower than the payment required by other methods of financing.
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No need to tie up capital: Keep your business; cash for future needs, unexpected expenses or working capital when revenues are low. While many types of financing require down payments of up to 25%, leasing covers 100% of the cost of the equipment. Most leases require only one or two payments in advance, so you get immediate use of the equipment with minimal up-front cost.
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Preserve existing lines of credit: Leasing has no impact on your bank credit lines. Protect your borrowing power for other business needs or opportunities.
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Fixed payments through the term of the lease: Unlike bank lines of credit that usually have variable rates, lease payments are fixed, no matter what happens in the market. By choosing to lease, you won’t be a victim of skyrocketing interest rates.
- Significant tax and accounting advantages: Leasing eliminates the need for complicated depreciation schedules since lease payments are generally line item expenses on your P&L statement. And since lease payments are usually treated as a pre-tax expense, you may even reduce your tax bill, thereby keeping more of your business’ capital where it belongs: In your business!
- Lease to Own: Both leasing companies we work with offer the option of a $1.00 buy out at the end of your lease payment terms, so you can own your equipment at the end.
For more information please contact:
financing@gymsupply.com
800-932-3339
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