Lease Your Next Forklift

Why not  structure a lease to meet your organization's specific needs.

To decide if leasing is the best option in your case, you should first understand those needs and ask yourself these questions:

How does this equipment make my business more competitive?
What is the most efficient use of my cash flow to pay for the equipment?
How long will I use it? What will my equipment needs be in the future?

You will want to factor the cost of leasing into your evaluation. Generally, the cost of leasing is comparable to those of other financing options when looking at the whole transaction. It is important to point out that leases are not loans. As a result, their costs are figured differently from those of loans. Leases take into account that the equipment is worth something at the end of the lease term. This is called its residual. Residuals are built into lease pricing, usually making the lease payments lower than a loan. To compare lease products, it is better to compare monthly payments than to try to compare loan interest rates with lease rates. On a cost-of-capital basis, leasing may be the least expensive option. The funding companies we work with offer competitive rates for a number of reasons. Lessors, with their volume purchasing power, can secure attractive financing deals and pass along the savings to the lessee. The lessor is also better able to take advantage of the deduction for depreciation expense that comes with ownership. Also, we advise that you deal with a lease broker who can  "shop the market" on your behalf to ensure you get the absolute best rate for your situation.

A lease broker with over 25 years of experience is Willabeth Capital corp.  Check them out if you are thinking of leasing.