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Priority Leasing • Specialized in the stone industry • Deferred payment terms available Sean Hilliard 174 Green Street Melrose, MA 02176 800-761-2118 ext 58 781-321-4108 fax shilliard@priorityleasing.com www.priorityleasing.com |
Why Lease?
Increasingly, businesses are turning to lease financing for their capital equipment needs vs. bank financing and cash purchases. Over 80% of all US companies have leased equipment, accounting for over one-third or $150 billion of total equipment acquisitions per year. Cash purchases deplete valuable liquid reserves. Leasing is easy and a good business alternative for satisfying capital equipment needs.
| Lease/Finance • 100% financing • Fixed terms and payments • Conserve capital • Can lessen tax liability • Preserves bank lines • Flexible terms • Hedge against inflation • Creates new credit source • Easy to upgrade and add accessories |
Bank Loan • Relatively short term • Possible variable rates • Extensive documentation • Covenant restrictions • Exhausts credit lines • Non-financeable charges • May require: compensating balances, down payment and origination fees • Adds debt to the balance sheet |
Cash Purchases • Depletes cash reserves • Reduces investment leverage • No hedge against inflation • Limits options |
Virtually every piece of equipment sold by VIC International can be leased. Deals can be packaged to include expendables. Call your VIC International sales representative for complete details.