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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. |
