BENEFITS OF LEASING
RESOURCES
Advantage of Leasing
No Down Payment Required
Most traditional financing options require a sizeable down payment. Banks typically require as much as 20% down. No down payment is required with an Aspen Capital lease. We can also include soft costs like installation and freight.
Establish Additional Lines of Credit
When equipment is purchased with borrowed funds, credit lines with lenders are reduced. When equipment is leased, businesses have additional lines of credit with the Lessor.
Easy, Convenience and Flexibility
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Streamlined documentation
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Fixed payment allow for easy budgeting
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Flexible lease structure designed to fit the individual needs of the lessee
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Master Lease Line of Credit
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One-time credit analysis.
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Allows lessee to acquire equipment sporadically over a period of months.
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Protect Yourself from Obsolescense
Leasing matches the term to the equipment’s useful life. Aspen Capital leases have convenient provisions for upgrading equipment as required.
Tax Benefits
A lessee can usually deduct its monthly lease payments as an operating expense – clearly reducing the net cost of the lease. Under the current alternative minimum tax rules, ownership of equipment triggers depreciation, a tax preference item.
Asset Management
Manage assets scattered around the country or the world from one platform. Gain control by centralizing your IT platform.
Fewer Budget Restrictions
Leasing allows the acquisition and use of the equipment while working within budget guidelines and limits.
Purchase or Renewal Options
You have the option to either purchase at the equipment’s Fair Market Value or to renew the lease at a reduced monthly Payment.
Budgetary Precedent
Once the monthly payment precedent and budget have been established, managers and departments can conveniently acquire needed equipment on a new dollars-per-month basis.