Why
Lease?
Virtually 100% of the Fortune 1000 companies use leasing to finance a portion of their equipment needs. They understand the value of leasing and how it benefits the overall financial management of their businesses. By using Altec Capital Services (ACS), you will be able to take advantage of these benefits:
- Retain Capital: An Altec Capital Lease opens
up lines of credit for investment in the sustained growth and
expansion of your business. Direct your capital to the areas
of the business with the highest returns. Leasing keeps debt
lines open for working capital rather than tied up in capital
expenditures.
- Budget with certainty: An Altec Capital
Lease provides predictable monthly payments, which equates to
manageable equipment costs. Lease payments can be structured
to match the existing cash flows of your business.
- Flexibility: An Altec Capital Lease allows
many end-of-term options. These options include returning the
equipment, continued use of the equipment, or purchase of the
asset. The end-of-term options depend on the type of lease structure
you select to meet your business objectives.
- Take advantage of advances in technology:
An Altec Capital Lease ensures that you are able to keep pace
with changes in technology. Newer equipment equates to safer,
more reliable equipment for your fleet.
- Improved Cash Flow: An Altec Capital Lease
allows for a closer match of rental payments to the actual revenue
produced by the strategic assets of your business. Profits are
produced by the use of equipment, not ownership. Lease financing
allows you to be free of the burdens of ownership.
- 100% financing: An Altec Capital Lease requires
no large deposits to initiate the lease. In most cases, all
that is required is one payment in advance.
- Improved Balance Sheet: An Altec Capital
Operating Lease is a monthly expense that does not appear on
your balance sheet as a long-term debt. This will improve key
financial ratios such as Return on Assets. Properly structured
lease payments may be tax deductible.