Lease VS Buy:
Leasing your equipment will help you preserve your cash for projects that offer better returns.
Cash flow, besides being critical to the daily workings of your organisation or business, is one of the prime measures that business analysts and capital markets use to measure a company’s true value.
Leasing is a well known method of improving cash flow management and preserving your cash for your core business or for projects offering better returns on capital. What is not as well known is how much better off your business may be in real dollar terms by leasing.
Budgeting Benefits of leasing:
- Match operating costs to equipment use
- Preserve working capital
- Improve cash flow and forecasting
- Free up your bank line of credit
- Avoid obsolescence
- Easy upgrades
- Match equipment needs to project needs
- Periodic technology reviews
The usual term of a lease is from 24 months up to 60 months.