Flexibility -

Companies have different needs, different cashflow patterns, different and sometimes irregular streams of income. Therefore, business conditions (cash flow, specific equipment needs, tax situations) can dictate the most advantageous terms and conditions of the lease.

Obsolescence Protection -

The risk of getting caught with obsolete equipment is lower because the equipment can be returned or upgraded at the end of the term. Moreover, equipment needs can change over time due to other changes in the company. Leasing helps keep your options open.

Cash Flow Management -

Leasing keeps your bank credit open, so your borrowing ability is not tied up. Also, costly down payments are avoided since the leasing company pays for 100% of the equipment cost.

Tax Advantages -

Rather than deal with depreciation schedules and Alternative Minimum Tax (AMT) problems, the lessee simply makes the lease payments and deducts it as a business expense in the case of a Fair Market Value lease.

Quick Turnaround -

Spafford Leasing Offers the advantage of a quick turnaround so you can have your equipment working for you as soon as possible.