Compelling Reasons to Lease
Leasing has been around for about 80 years, but in today's highly competitive business world, leasing is more popular than ever. Leasing grew to a $195 BILLION industry by the end of 1998, and 80% of ALL U.S. companies now lease capital equipment (U.S. Dept. Of Commerce). And this number is growing!
When you need equipment, your payment options include — cash purchase, loans or leases.
Cash Purchase
Once you purchase the equipment, there are no obsolescence provisions. A cash purchase is usually considered a capital expenditure that shows up on your books as long-term debt, affecting your balance sheet. A cash purchase could take a chunk out of your cash reserves and possibly affect your bank lines of credit.
Loans
Loans, primarily from banks, require that you pay fees and point costs that increase your true costs. There is also the uncertainty of a floating rate loan.
Leases
A logical choice because a lease will:
- Help conserve cash
- Protect you from equipment obsolescence
- Make it easier to match expenses to revenues
- Identify your exact costs
When you select Tektronix eQuip Finance, you can receive all of those benefits PLUS low lease rates and ease of doing business. We can help you acquire the equipment you need now, so it can pay for itself while you are using it!
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