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Leasing
vs. Buying...A Look at the Facts
Tying up thousands of dollars in buying business equipment could be
costing more than you think. In addition to requiring a sizable down
payment, buying equipment with after-tax dollars further limits a
company’s line of credit. Consideration must also be given to the loss of
the potential, added profit derived through release of capital employed
for other investment opportunities, or the effect on the return if a
company is required to operate with less capital. If the actual cost of
acquiring equipment is considered, leasing generally offers savings over
both outright purchases and conventional loans.
For more
information contact our finance department at 847-593-1610 and
ask to speak with
Celeste Bozzi or
Tod White. |
