Established businesses with solid credit histories are increasingly opting to lease equipment rather than purchase it through a loan. As a leasing partner, Provident can help your company finance up to 100% of an entire lease transaction, providing you with the following advantages: - More cash. Because there are no large down payments involved with leasing, your organization retains capital for other business needs.
- Lease payments may be 100% tax deductible. Consult your tax advisor to learn how your company may benefit.
- Fixed payments. Payments will not increase during the entire leasing period.
- Improved cash flow. Leasing offers more flexible payments than conventional loans.
- No more obsolete equipment. Leasing not only protects your company from possessing outdated equipment, it also allows you to upgrade when necessary.
- Lines of credit left untouched. Leasing is an additional source of credit and leaves existing credit lines available for emergencies.
|
