The Reasons Why Your Business Should Lease
Young Office is proud to offer competitive lease financing services. We want your business to succeed, so we’re here to ensure that it does. Choose us for leasing and see the difference Young Office makes. Take a moment and browse the many benefits that come with our leasing services.
In a growing business, maintaining adequate levels of working capital is critical. Leasing provides capital for furniture so that cash can be used for daily operating needs.
Furniture costs can be approved in minutes with application information only. No need to visit your bank’s branch office and no long wait.
Depending on the structure of the lease and your company’s tax position; you may be able to deduct the full monthly lease payment against taxable income. In most cases, this amount is greater than the interest and depreciation deductions you would take if you borrowed the money and own the equipment.
100% Fixed Rate Financing.
Banks generally require a down payment and urge you to open a checking account and maintain a balance. Commercial bank loans are also generally priced over the Prime Rate, which can fluctuate over the term of the loan. With our leases, the interest rate is fixed at the beginning of your lease.
Available Capital for Small and Young Businesses.
Lease financing provides the majority of capital for small and growing businesses in the United States for equipment needs. It also helps you develop the commercial credit history you want as your company expands.
Terms can range from 12 to 60 months. Certain soft costs, such as installation and initial supplies can be included as part of the lease. Purchase options at the end of the lease can be structured to meet your individual requirements. If you have any questions or want to learn more, please contact us today.