Leasing positively optimizes your equipment usage process by providing a systematic and convenient vehicle for the acquisition, finance, maintenance and replacement of assets.
- Creates Convenience and Flexibility. A lease program enables you to utilize equipment when needed for specific periods of time at fixed payments.
- Costs can be spread over the useful life of the equipment, matching the cost of the equipment with its benefit.
- Leasing programs can be structured to meet the specific needs of the enterprise, including end of term and mid-term options (such as buy, renew, terminate, upgrades, return provisions, payment frequency and terms). Maintenance, software, and installation costs can be bundled into the lease.
- Mitigates Risk.The lessor assumes the risk of ownership and the disposition of the equipment, allowing the enterprise/company to concentrate on its core business.
- Protects Against Obsolescence.Leasing provides a systematic process for upgrading equipment.
- Companies can acquire new equipment on an as needed basis.
- Departments can keep up with technology seamlessly in the ever changing marketplace.
- Preserves Capital. Companies preserve capital and pay for equipment over its useful life.
- A properly executed leasing program provides the lowest total cost of use.
- The lease payments are often lower than a loan, require no down payment, and can improve cash flow forecasting because there are a fixed number of payments.
- Because an operating lease is not considered a liability and does not appear as debt on the balance sheet, borrowing capacity is preserved and leverage is reduced.
- Tax Benefits. Properly structured leases can be 100% deducted from corporate income to reduce corporate income taxes. There is no depreciation expense to the corporation over five years but an immediate write-off.
- LaSalle identifies, manages, and pays all property taxes associated with leased equipment reducing the customer’s staffing requirements.