Supercharge Your Business with Super Effective Lease-to-Own Equipment Financing!
Every industry has its amazing heroes – what’s holding your business back from becoming the next one?
Let Beacon Funding help transform your small business into an industry hero with a leasing program that’s designed to own your equipment. BAM! Just like that, you can have the option to keep your equipment when your agreement ends, ensuring long-term profitability!
Ready to have your own financing sidekick? Speak with Senior Financing Consultant, Thomas Rahlfs today.
P: 847.796.8250 | E: [email protected]
Fiction! Leasing Equipment Is More Expensive than Traditional Financing
One concern that customers have is leasing will be more expensive than traditional financing.
Fact! The Cost of Leasing Is Almost Identical to Financing
If leasing equipment is more expensive than traditional financing, then why does every Fortune 500 company lease?
The largest, most sophisticated businesses in the United States choose to lease even while financing options are available to them so they can keep more cash on hand and have more flexible monthly payment plans.
Overall Costs Between Leasing and Financing
When you compare the overall costs between leasing and financing, the two products are nearly the same. Cost is not determined by which option you go with, but by the strength of your credit package.
The real cost of leasing is in the flexibility of the options associated with them. These options include:
Key Comparisons Between Leasing and Financing
When looking at financing and leasing in a side-by-side comparison, there are key differences that make each product unique.
1. Equipment Finance Agreement (EFA): The lender would be the lean holder, as opposed to the owner.
2. Commercial Equipment Lease Agreement: A lease-to-own product usually comes with significant tax advantages and savings. It has the same goal of ownership with an “earn as you pay” structure.
The Importance of Your Business’s Credit Quality
Considering which option is right for you depends on your business goals. Once you identify what they are, Beacon can help you choose what’s right for you.
At the end of the day, it doesn’t matter whether you chose a lease or a loan. If you’re considering which option is right for you, the general idea to keep in mind is your credit quality.
Boost Your Business with Beacon Funding’s Lease-to-Own Program!
No matter how great your business is doing, you can always achieve more. With equipment leasing that gives you buying options at the end of the term, now’s the time to supercharge your business!
Schedule your financing consultation at beaconfunding.com/financinghero today!
If you’d like to learn more how equipment financing can help your business, contact me directly at 847.796.8250