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Is Leasing Right For You

Written by Laura S. West    Wednesday, 21 December 2011

Before making a decision as to whether to lease or not, take into account these benefits that Yale and Hyster have to offer: * Preserves working capital: Without the large capital outlay of a purchase, cash may be strategically re-invested into your business. Credit lines may also be saved for other operating needs. * Predictable and affordable payments: Lease payments can be structured to meet cash flow needs. * Overcome budget restrictions: Leasing may help you overcome capital budgeting restrictions and lengthy approval processes. Also, it may accelerate the process of getting you the equipment you need today. * Customized structures: Leasing companies offer tailored financing options such as deferred payments, payments matched to use or the seasonal nature of your business. Lease terms can also be matched to project length. A variety of end of lease options are also available, such as renewal, purchase or return. * Upgrade with ease: Leasing provides you the flexibility to upgrade and add-on as your business grows, while maintaining affordability. It may also allow you to re-deploy assets when the need arises. * A single source for financing: Your entire acquisition may be bundled into one easy monthly payment. This may eliminate the need to pay multiple invoices each month, thereby reducing overhead. * Cost management: Leasing should allow you to invest your cash at a higher rate of return, thereby increasing profit margins.--M.H. BUILT-IN FLEXIBILITY: Leasing lift trucks offers more freedom and flexibility, while offering predictable and affordable payments.

Last Updated ( Wednesday, 21 December 2011 )