What Type of Lease can I arrange?
Leasing is a practical option used by companies of all sizes.
FOR A SMALL BUSINESS
Provides additional sources of financing. Leasing
does not tie up a company's bank lines, leaving cash available for working
capital and growth. We take the burden out of the approval and closing
Conserves capital. Working capital is left free to grow your
business. Leasing lets you budget the cost of equipment over its useful
Low initial cost. Leasing provides 100% financing.
Tax advantages. Lease payments can be deducted as an operating cost
so the equipment can be expensed over its useful life. In many situations
this provides significant savings to owners of small businesses.
Flexibility. In most cases, installation and taxes can be added to
the lease eliminating upfront costs required by conventional loan
financing. The customer may add on additional equipment of upgrade during
the lease term. At the end of the lease, the equipment may be purchased
returned, upgraded or the lease may be renewed.
FOR A LARGE CORPORATION
Improves cash flow. Leasing does not require a
large initial cash outlay and has a lower payment than similar term debt
Off balance sheet. An operating lease is not capitalized on the
balance sheet as a liability, so it does not affect the company's debt
ratios. Lease payments are expensed through the income statement. This
means capital budget funds are left available for other important uses.
Not a capital budget item. Lease payments may be considered part of
the operating budget, therefore, reducing annual budget restrictions that
occur from outright capital purchases.
Hedge against obsolescence. One of the concerns in purchasing
equipment is alleviated: we assume the risk of obsolescence and disposal.
Our customers may return the equipment to us at the end of their lease
with no additional fee.
Flexibility. During the term of the lease, our customers may add
equipment and/or upgrade equipment.
How lease Works-details
King Commercial Lease Application Word Document with Rate
you may need to download file or it may run fine automatically
King Commercial Lease Application as
just a simple printable file
use this if have a problem with word format above
Contact at King is Mary Venturella
National Account Manager
KING COMMERCIAL, INC.
800-995-6604 / 314-842-7000 Ext. 119
contact your local Indoff Salesperson at Partners Listing & E-mail