Milwaukee, Wisconsin (PRWEB) August 30, 2009
Milwaukee-based equipment leasing specialist Advantage Leasing Corporation has recently added an easy-to-use lease calculator to their website. (http://www.advantageleasing.com/lease_calc.php)
With financial institutions clamping down on business loans, more and more companies are considering equipment leasing as a favorable option to get the business equipment they need without the big up-front cash expense.
Businesses considering equipment leases are in good company. In fact, eight out of ten U.S. companies are currently leasing some of their business equipment.* With the ability to pay-as-you-go as they use their equipment, leasing can not only help businesses survive in uncertain times, it can help them manage cash flow in preparation for economic recovery.
Lease payments on equipment are a fully tax deductible expense in most instances (businesses should check with their tax advisor for details.) Businesses often consider leasing high-dollar equipment that is used over a period of several years, such as computers, printing presses, restaurant equipment and/or construction equipment. Leasing allows these businesses to conserve precious working capital for other needs, guard against obsolescence and increase their financial flexibility.
How much does equipment leasing cost?
Business managers often want a quick answer to the question: How much does it cost to lease equipment? That's why Advantage Leasing has provided a do-it-yourself lease calculator to provide approximate costs for businesses considering a major purchase.
The new equipment lease calculator gives fast answers to these financial questions. Businesses just need to enter the cost of the equipment that they are looking to finance and they'll instantly get approximate quotes for 24, 36, 48, or 60 month leases.
For additional information on equipment leasing, contact Mike Elton at 800-949-7040 or visit http://www.advantageleasing.com.
*Source cited: The Equipment Leasing and Financing Association (ELFA)
About Advantage Leasing
Advantage Leasing is a leading national provider of low-cost equipment leases. Find out how Advantage Leasing can provide a less costly line of credit than other vendors by trying out the equipment lease calculator, visiting http://www.advantageleasing.com, or calling 800.949.7040 for further details.
Advantage Leasing Company