WHY FINANCE WITH LRI?

Financing preserves other credit resources. Financing keeps your bank lines and other sources available to meet short-term requirements, such as inventory buildup and increased account receivables.

Financing helps hedge against inflation. Each dollar you pay back in payments five years from now will probably have substantially less purchasing power than today’s dollar. These “small dollars” that result from inflation are much easier to part with.

Financing keeps money in motion. By financing , you can keep your company’s money working hard. For example, consider what $50,000 can do for you if it is actively invested in your inventory—rather than languishing in fixed equipment.

Financing simplifies budgeting. Budgets can more readily accommodate monthly payments than large cash expenses for purchasing fixed assets.

Financing helps equipment earn its keep. You expect your employees to earn their pay as they perform—why not your equipment? With financing, you pay for your equipment as it benefits your business.

Financing lets you choose the equipment. You can specify the equipment and the source—as if you were purchasing it directly. All normal manufacturers’ warranties are passed through to you.

Financing increases equipment choices. Since the monthly payment is a small portion of the total cost of the equipment, financing allows you the use of a greater amount of equipment for a given dollar allocation.

Financing provides flexibility. Through Financing's extended terms, payment amounts can be substantially lower than they would be if the equipment was purchased with borrowed funds. Payments can be monthly, or quarterly, or annually, etc. Different payment amounts can be designed to occur within the same lease, including seasonal and step payments. In short, financing provides you with far greater financial flexibility than any other form of equipment acquisition, enabling you to buy more equipment while staying within your budget.

Financing offers many tax advantages. Your payments may be tax deductible as an operating expense so you pay for the use of the equipment out of current, untaxed income instead of already-taxed profits. Consult your CPA or accountant for details and eligibility.

Financing provides customized lease terms. Leasing Resources, Inc. can provide flexible payment structures based on unique circumstances and credit worthiness. At the end of the lease term, you may return the equipment to the leasing company, purchase it for the amount of your purchase option, usually $1.00 or 10%, or you may wish to renew the lease for an additional period of time.

Financing eliminates obsolescence. “The newest innovation” doesn’t stay new. Financing gives you today’s best technology and then allows you to upgrade when the equipment has outlived its advantage. You can eliminate the hassle of selling equipment at a severely depreciated value.

Financing takes care of ‘hidden costs.’ Financing gives you more than just the equipment. It also can cover the cost of delivery and installation. Your lease includes everything it takes to actually put the equipment to work for you.