Irvine, CA (PRWEB) October 10, 2011
If you’ve been keeping up with the most recent economic projections, you already know we are headed for a double dip recession. This is the worst scenario businesses could possibly face.
A double dip recession results when GDP slides back to negative growth after a quarter of positive growth. In other words, you have a recession, a short-lived recovery, and the fall back into another recession.
At Envision Capital, we are helping our clients avoid a double dip recession of their own, through the use of equipment leasing, which can conserve your working capital and help you manage your cash more effectively. Let’s take a closer look at how your business can benefit from equipment leasing.
1. Conserve Your Cash and Your Working Capital
When you lease equipment, your cash is not tied up in equipment. Instead, you have your cash available for operating costs, marketing, seasonal needs, working capital and other business needs.
2. When You Lease it is 100% Financing
When you lease with Envision Capital you are financing 100% of the equipment cost. You can even include “soft costs” into your lease. These include shipping, installation, training, etc. There is no down payment, only the first and last month’s lease payment in some cases.
3. You Only Pay for What You Use
Your monthly payments allow you to use the equipment right away. Your only initial cash expenditure is your first and last lease payment and you get to enjoy the benefits of the new equipment right away. This means the equipment begins to pay for itself right away while you’ve used very little cash. You are generating profits based on use rather than on equipment ownership. In today’s world, ownership is a costly luxury that most businesses can do without.
4. You Preserve Credit Lines
When you lease you leave your existing credit line(s) and borrowing ability untouched. Therefore, they are ready to use for any short-term or operational financing needs that should arise.
5. Eliminate Obsolete Equipment
One of the most common problems with buying is that equipment is often obsolete before it is paid for. When you lease equipment, you get regular upgrades so you can ensure you always have state of the art equipment.
6. Bypass Budget Limitations
In many situations, your budget may delay or even prevent your company from acquiring equipment. When you lease equipment, you can bypass these limitations.
7. Enjoy a Number of Tax Benefits
Lease payments are fully tax deductible as an operating expense, where as loan payments are not.
You can lease most types of equipment including computer equipment, office equipment and furniture, manufacturing equipment, printing equipment, commercial vehicles, communications equipment, medical equipment, material handling equipment, etc.
At Envision Capital, we work with our clients so they can enjoy long-term success. Talk to us about your equipment leasing needs.
About Envision Capital Group Inc.
Envision Capital Group was founded to help companies obtain the equipment necessary to sustain and grow their business through leading finance by providing flexible financing and leasing options. Envision Capital Group wishes to make your equipment acquisition as simple as possible with the least amount of administrative burden on your part. Envision Capital Group prides itself on servicing all business types and all credit histories.