Leasing
There are numerous advantages of leasing equipment over a cash purchase or bank loan. Some of the many benefits of leasing equipment:
Keep your Bank and Other Credit Lines Open
Manage your resources with off Balance Sheet Financing
Local Credit Approval
Credit decisions are handled by BBS Systems with fast turn-around and prompt payment of invoices
Pay As You Profit and Lessen the Impact of Inflation
Pay for the equipment with the money it produces. Lease payments are fixed and therefore inflation proof
Overcome Budget Limitations
Low monthly lease payments that will fit into your budget
Save Corporate Taxes
Lease payments may be used as a tax deduction. Write-off benefits versus depreciation
Defer the G.S.T.
The G.S.T. is not paid up front but spread out over the term of the lease
Avoid Obsolete Equipment
Trade up or upgrade your equipment without penalty
Flexible Programs
Select the terms and payment options tailor made to fit your budget, Annual, Semi-Annual, Quarterly, Monthly
Simplified Accounting
Eliminate depreciating calculation and simplify budgeting