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Article: "Lease" is More.(benefits of leasing equipment)(Brief Article)
- Article from:
- Arbor Age
- Article date:
- October 1, 2001
- Author:
CopyrightCOPYRIGHT 2001 M2Media360. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Equipment Pays for Itself with Earnings Rather than Equity
AS THE SAYING GOES, "MONEY DOESN'T GROW ON TREES." HAVING A READY supply of equipment is critical to winning contracts and securing future success in the tree and landscape industry.
One of the most common questions we hear in the leasing business from customers is "Why should I lease?" There are many benefits of leasing equipment, including preservation of bank lines of credit and preservation of cash. Leasing also allows you to pay for equipment with future profits. The equipment pays for itself with earnings rather than equity.
Many small business owners may find it difficult dealing ...