Equipment Leasing Software Leasing

Equipment Leasing Software Leasing

Working Capital
Equipment Leasing
Software Leasing

Do you have equipment or software needs but want to avoid the red-tape requirements required by commercial banks?

Do you want competitive leasing rates from multiple companies without filing applications?

MNA has partnered with the top national lenders to form the Equipment Leasing Council that will provide growing businesses with no-hassle equipment and software financing. This network of national lenders provides competitive equipment and software leasing from multiple providers without the hassle of applications with multiple companies. MNA Advisors will personally review your financing requirements and place your application with a member of the Equipment Leasing Council that is most likely to meet your needs with the lowest overall cost.


Why the Equipment Leasing Council?

Simplicity: The Equipment Leasing Council has a simple application form.

Competitive Rates: The Equipment Leasing Council members are top national lenders that provide competitive rates to provide the lowest overall cost to your business.

Time: The Equipment Leasing Council can give you an answer fast. Commercial banks will make you wait weeks.

100% Financing: Banks normally finance 80% of the equipment and no soft costs. Equipment Leasing Council members will finance 100% and will also finance soft costs, like delivery and installation.

No Hidden Charges: Banks love extra fees and nickel and diming you. Our Council members doesn’t have time for that.


Leasing Business Equipment

Looking to equip your new business? Whether you need computers, desks, machinery, or a vehicle, you want to make cost effective purchasing decisions. Why not consider leasing equipment instead of buying it?

Here is some information to help you decide if leasing is right for you.


Benefits of Leasing Business Equipment
Aside from a reduced cash outlay, there are many benefits to leasing equipment:

  • Leasing can save you the time and hassle involved in finding someone who will extend you credit for purchasing equipment.
  • You can keep pace with emerging technology.
  • Short-term leases give you the opportunity to evaluate whether the equipment fits your needs.
  • Maintenance may be included in the lease, saving you additional costs.
  • If you use the leased asset in your business, you may enjoy a potential tax advantage because your lease or rental payments are fully deductible.

Leasing also has its disadvantages. For example, the lifetime cost of the asset is generally going to be higher than if you purchased it. You are also giving up any ownership interest, which can be especially costly if you rely on the equipment and find at the end of the lease that the equipment is too expensive to purchase outright. You may also find that you lose the tax benefits of depreciation deductions.


Factors to Consider When Leasing Equipment

There are many variables to consider when making the decision to lease equipment. Here are a few considerations:

  • If you anticipate needing the equipment for the long-term and want to establish equity in it, try to negotiate a purchase option under which a portion of your lease payments is credited to the purchase price.
  • Doing your homework can help prevent undesirable legal repercussions. Consider asking a lawyer to look over a lease before signing it.