There are numerous advantages of leasing equipment over a cash purchase or bank loan. Some of the many benefits of leasing equipment:

Keep your Bank and Other Credit Lines Open
Manage your resources with off Balance Sheet Financing

Local Credit Approval
Credit decisions are handled by Lease Plus with fast turn-around and prompt payment of invoices

Pay As You Profit and Lessen the Impact of Inflation
Pay for the equipment with the money it produces. Lease payments are fixed and therefore inflation proof

Overcome Budget Limitations
Low monthly lease payments that will fit into your budget

Save Corporate Taxes
Lease payments may be used as a tax deduction. Write-off benefits versus depreciation

Defer the G.S.T.
The G.S.T. is not paid up front but spread out over the term of the lease

Avoid Obsolete Equipment
Trade up or upgrade your equipment without penalty

Flexible Programs
Select the terms and payment options tailor made to fit your budget, Annual, Semi-Annual, Quarterly, Monthly

Simplified Accounting
Eliminate depreciating calculation and simplify budgeting