Get the equipment you need and keep your cash.
Your company makes money by using equipment - not owning it. Leasing has become the financing vehicle of choice for business owners who want to preserve working capital, reduce the risk of obsolescence, and take advantage of possible tax benefits.
Conserve Working Capital
- Leasing is the perfect solution for businesses that want to conserve working capital or that plan to expand. When you lease equipment, your working capital is free for other uses, not tied up in a depreciating fixed asset.
Freedom and Flexibility
- Leasing provides greater flexibility than purchasing and can protect you from being locked into owning equipment that may not meet your future needs. With leasing, you can upgrade your equipment at any time during the lease term.
- Leasing may offer tax advantages as an operating expense, so it could actually cost your business less in after-tax dollars than an outright purchase. (Please consult your tax advisor).
Why Lease from Planters Bank?
- Traditional leasing companies are only interested in the profit of an individual transaction. We already work together; and because we care about the success of your business, we can offer you customized terms that better suit your business needs.
Contact us to determine the right option for your business. Shouldn’t your cash work as hard as you do?