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Benefits of Leasing
Equipment Leasing is one of the fastest-growing ways businesses finance equipment today. In fact, 8 out of 10 businesses lease
some or all of their equipment. Here's why
100 % Financing "Soft-costs" such as installation and training can be included in your monthly payments.
Conserve precious capital Lease equipment and invest cash in other aspects of your business where it generates higher returns.
Valuable credit lines remain untouched With a lease, your borrowing capacity with banks and other lenders remains available for operating needs.
Minimal down payment Usually, we simply require one or two payments down.
Flexible Lease terms Accord offers a variety of terms. From deferred payment plans to seasonal and skip payment options, we can design the lease to fit your needs.
Possible tax benefits In certain cases, lease payments are fully tax deductible operating expenses.
Consider your options
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Issue
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Cash
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Bank Loan
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Leasing
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Payment Options
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All up front
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Fixed or floating
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Suited to your cash flow
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Application Process
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None Depending on vendor
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Full financials
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Simple 1 page application
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Down Payment
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100%
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Usually 20%
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1 or 2 payments
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Equipment Types
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Any
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Restricted
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Virtually any
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Soft Costs
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Included
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Not Included
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Included
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Collateral
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Equipment
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Equipment plus possible blanket liens
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Equipment
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Credit Lines
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Lose liquidity
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Reduce available credit
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Additional credit source
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Tax Accounting
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Depreciate equipment
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Depreciation plus interest expense
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Fully deductible payments
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Choose Leasing!
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