100% Financing - Banks may require as much as 20% down. Leasing covers 100% of the equipment cost.

Flexibility - Lease payments can be structured into longer terms and lower payments to fit your budget.

Tax Advantages - Payments on leases are pre-tax and fully deductible as operating expenses. This reduces current taxable income.

Fixed Payments - Lease payments are locked in, unlike bank lines of credit with variable rates. This helps with planning for other financial requirements.

Open Credit - Current lines of credit are conserved and kept separate from equipment purchases.

Purchase Option - Leasing provides you with end-of-lease flexibility to purchase, upgrade or return the equipment.

NATIONAL CAPITAL LEASING offers leasing programs that enable your organization to procure equipment through flexible financial solutions.

Capital Lease (Lease Purchase, One-dollar buyout)
Allows you to buy the equipment at the end of the lease term. Lessee pays $1.00. Ownership transfers.

Seasonal Payment
Designed for seasonal cash flow. Step-up / Step-down - Start low and increase, or start high and decrease.

Deferred Payment
Initial months have nominal or no payments.

Fair Market Value (FMV)
Option to purchase at FMV, continue to lease at FMV, or return.

Ten Percent (10%) Option
Purchase the equipment at 10% of the original purchase price, or return.

Beyond these options we provide a wide range of credits (A, B, C, & D). We also offer funding for Canadian transactions!

Use National Capital Leasing's Lease Calculator to determine an approximate monthly payment on both $1.00 and 10% Buyout options.

1. Enter the Equipment Cost.
2. Click the Calculate button.

The Leasing Calculator automatically provides you with the approximate monthly payments for a lease term of two to five years.You can choose either a $1.00 or 10% Buyout at the end of the lease.

Who can Lease?
A company or business who will be using the equipment for business or commercial use.

Why Lease? ...why not just borrow the money?
With loans, you exhaust your available credit line.
With leasing your credit line remains untouched plus you can usually expense the payments!

How much does the lease cost in the beginning?
First and last lease payments are typically required up-front, but they are applied to your total lease payments.
Documentation and filing fees also apply to process your application.

What affects my rate?
Age of business.
Personal credit history.
Prior bankruptcy.
Pay history: On time, delayed or late.

Can I add equipment to a lease?
Yes! - Please call to qualify and restructure.

Can I have the lease cover other expenses directly related to the equipment acquisition?
Yes! - In most cases, we can include the cost for freight, installation and required software.

Can I cancel a lease?
No - but you have options!

Upgrade the equipment and restructure the lease.
Prepayment without penalties if not excluded.

What about insurance?
It is required that the equipment be insured as part of your general liability and property insurance. Simply instruct your own insurance agent to send a certificate of insurance to us.

What about sales tax?
Sales tax is charged separately and added to your monthly lease payment each month.

Discover the new tax savings for 2010!

Bonus Depreciation
IRC section 168(k) is amended to extend the 50% first-year bonus depreciation through 2009 (through 2010 for certain transportation property and aircraft).
The election to accelerate AMT and research credits in lieu of taking the bonus depreciation (which had been introduced last year by the Housing Assistance Tax Act, P.L. 110-289) is also extended to qualifying property placed in service through 2009. Special rules apply to taxpayers who had already made this election for property placed in service in 2008.

Section 179 Limits
The maximum section 179 expense deduction you can elect for qualified section 179 property you placed in service in tax years that begin in 2009 remains at $250,000 ($285,000 for qualified enterprise zone property and qualified renewal community property). This limit is reduced by the amount by which the cost of section 179 property placed in service in the tax year exceeds $800,000.

Depreciation Limits on Business Vehicles
The total depreciation deduction (including the section 179 expense deduction) you can take for a passenger automobile (that is not a truck or a van) you use in your business and first placed in service in 2009 is $2,960 ($10,960 for automobiles for which the special depreciation allowance applies). The maximum deduction you can take for a truck or van you use in your business and first placed in service in 2009 is $3,060 ($11,060 for trucks or vans for which the special depreciation allowance applies).

Caution: These limits are reduced if the business use of the vehicle is less than 100%.

FAQs regarding Section 179 can be found at http://www.irs.gov/newsroom/article/0,,id=182005,00.html

Benefits of Tax Leases
Tax Lease/True Lease.
This lease type is where the lessor retains ownership. As the lessee, you may be allowed to claim the entire amount of the monthly investment as a tax deduction. Many rental contracts qualify as a true lease including a 10% Option and a Fair Market Value lease.