Equipment leasing is an essential tool to help your organization acquire equipment.
In many cases, you can include the full cost of the equipment, as well as the service, shipping, installation and maintenance costs in the lease. This spreads the cost out evenly over the term of the lease, freeing up cash flow for other vital business expenses.
GSG Financial offers fully customized financing packages with a variety of payment and end of term options. Using our signature Master Lease Program, streamline the leasing process and eliminate the need for multiple sets of documentation. We know how to properly value the residuals on equipment, ensuring you the best deal possible.
GSG offers a streamlined leasing program to simplify equipment acquisitions. The Master Lease Program consolidates documentation and eliminates the need to sign multiple lease agreements with non-negotiated terms and conditions. Individual departments can add a lease schedule each time they lease additional assets under the same negotiated terms and conditions contained in the Master Lease Agreement. Increase efficiency and reap the cost savings.
Free Up Capital
Leases allow you to retain capital strength by allowing you to buy the equipment you need today while spreading out your payments throughout the life of your equipment.
An operating lease is not considered a long-term debt or liability, and therefore does not appear as debt on your financial statement, making your company more attractive to investors. Payments are treated as operating expenses on the company’s balance sheet, and therefore do not have to be depreciated over the life of the equipment.
With today’s rapid technological innovation, leasing provides a company with the means to keep up with the pace of technology. Since you’re free to upgrade or add equipment, you lower your risk of getting caught with obsolete equipment.
As your business grows and your needs change, you can add to or upgrade your lease at any point through add-on leases or master leases. There are a number of leasing structures available to allow you to tailor the lease that best accommodates your needs and requirements, including: cash flows, budget, transaction structure, and seasonal or cyclical fluctuations. Many leases also allow you a great deal of end-of-term flexibility, allowing you to purchase the equipment, renew your lease, or simply return the equipment once the lease has expired.
The IRS does not consider an operating lease to be a purchase, but rather a tax-deductible overhead expense. Therefore you can deduct the lease payments from your corporate income and are not taxed on them.
Leases can provide 100% financing, which includes shipping, installation, software, training or any other soft costs. In most cases, a large down payment is not necessary and the complete cost of the equipment is spread out over the life of the lease.
Leasing allows you to respond quickly to market or technological changes. You can have the equipment you need in operation quickly when you need it, without hassles. Many leasing companies can have you approved within one or two business days with minimal documentation.
We can work with your current vendors or recommend our vendor partners in a variety of equipment, software and services in these core vertical markets:
- Material Handling
- Office Products
- Graphic Arts
- IT and Software
- Mailing and Packaging