An equipment lease is a cost and tax efficient way for small and large businesses alike to purchase assets that their businesses need to operate. By leasing your business equipment you create cost certainty for your business, and also retain cash and low cost credit lines of other uses, such as hiring employees or marketing.
If your business already owns equipment and you need to generate cash for expansion, operations or other purposes, you can use the existing assets as collateral for a lease. This is another way your business can use leasing to leverage non cash producing assets, which can further help your bottom line.
We offer an insurance package with your lease that can include the equipment you are buying. This insurance protects your equipment against damage and liability, and is another step you can take to protect your business against loss, and unforeseen risks.
If your business operates in a seasonal industry like tourism, or forestry, we can structure the payments around your busy and slow times of the year. So if you need your payments lower in the slow season we can structure the lease that way.
Does your business need other financing? See how our parent company can help you. Please go to the dedicated Accord Financial Website
For more information please contact us