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1805 Sardis Road N, Ste 105, Charlotte, NC 28270      Ph: 1-866-615-6262   Fax: 1-866-615-9122
                                         

Lease vs. Loan
Your bank requires the following for a loan:

  • Application
  • Financial statements
  • Tax returns
  • Business plans
  • Projections
  • Personal visit to the banker
  • Down payment
  • Terms shorter than usual life of equipment
  • Unwillingness to do specialized equipment
  • Requires additional collateral
National Capital Leasing requires ...
  • Single One Page Application.

 

Services: Leasing Benefits

Some Advantages of Leasing

  • 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.

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