The Benefits of Leasing
Typically, a lease requires only a small or no down payment. Lease payments come from the operating budget (showing up on the balance sheet as an expense, not a purchase), which preserves working capital. A portion of or all of the leasing fees are tax deductible as an operating expense, In fact, Section 179 of the IRS Tax Code allows for accelerated deductions, which can be a very effective tax strategy.
Leasing can also protect a business’ credit, allowing it to save its bank-borrowing capacity for other needs or emergencies. Equipment is typically leased new, so the borrower gets it during the most trouble-free part of its lifespan. Vendors usually offer the same level of support to their leasees as they do to buyers.
Our Leasing Partners
Since 1972, All-Lines Leasing has specialized in leasing options for commercial and industrial cleaning equipment. Whether you are a business owner, equipment distributor, or BSC, All-Lines Leasing has financing options for you and your customers. Register and receive a quick quote or access the online application toolkit, under online tools.
QuickSpark is a quality financial institution that can assist cleaning professionals in securing the funds for their next lease. QuickSpark uses web based integration to connect to a large number of Manufacturers, therefor offering end users a wide range of new opportunities for its customers.