Lease to Own
Why choose a Lease to own program?
By using equipment leasing as a financial strategy, companies can get the tools they need to function without incurring the up-front expenditures of buying new equipment. You can lease equipment through an equipment lease and make monthly or quarterly payments for the duration of the lease. You often have the option to return the equipment or buy it at a reduced cost at the conclusion of the lease term. Heavy machinery is an expensive investment for any firm, but it’s frequently necessary to complete the task.
Leasing with the option to own might be a wise financial move for business owners who require heavy equipment but lack the funds to buy it outright. With a heavy equipment lease to own, you can lease the equipment you need for a set period of time, with the option to purchase it at the end of the lease term. By doing this, you can save money on cash flow and forgoe on the up-front costs of buying new equipment.
At Service Capital, we specialize in equipment lease to own for businesses of all sizes. Our leasing options offer many benefits including:
- Flexibility: To meet your spending limits and financial objectives, we provide a variety of lease terms and payment plans. By doing this, you can save money on cash flow and keep away from the up-front costs of buying new equipment.
- Tax Benefits: For your company, leasing large pieces of equipment can result in significant tax advantages. Lease payments could be deductible as an operational expense, which could lower your tax obligation.
- Easy upgrades: At the conclusion of the leasing term, you can upgrade to newer equipment. By doing so, you can stay competitive and utilize cutting-edge technologies.
- Minimal Upfront Costs: Heavy equipment leasing often has modest upfront fees, which can help you manage cash flow and keep your company’s finances stable.
If you’re considering an equipment lease to own program, it’s important to work with a reputable leasing company that can help you navigate the process. At Service Capital, we’ve worked with small and medium businesses for years to offer flexible lease solutions for heavy equipment, machinery, trucks, restaurant equipment, gym equipment, construction equipment and more! Our team of leasing experts can assist you in weighing your alternatives and deciding on the optimal leasing plan for your requirements. To learn more about our equipment lease to own options, contact Service Capital today to schedule a consultation. We are aware that leasing equipment, particularly heavy equipment, is a difficult and drawn-out process. We look forward to assisting you in acquiring the tools you need to expand your business!