Tuesday, October 4, 2011

All Sizes

Successful businesses are searching for creative and viable ways to bolster their businesses during these economic times. Creating options for customers and new ways of saving money are areas these successful businesses initially look. Equipment Leasing is a great option to be considered when analyzing inventive new ideas.
Small or newly started companies most often have limited capital and usually have a hard time acquiring bank loans due to lack of credit history. Obtaining equipment can be extremely hard if purchasing equipment outright is the only option. Starting a business is hard enough, but imagine how much harder it will be if you have to spend  large sums of working capital to acquire new equipment before profit starts to come in.  The risk is high, and without cash on hand for other needs that will come up, the risk is even higher. With Leasing, businesses are able to avoid the high upfront costs of new equipment as well as scrutiny over length of business credit. Rather than focusing on how much that new equipment is going to be, leasing offers a solution by spreading the cost over a flexible period of time. This allows for better money management while at the same time acquiring the equipment needed to operate the business.
Medium sized businesses, most often, are experiencing growth within their company. With growth come more expenses through new offices, employees, and equipment. Leasing is perfect for medium sized companies in this situation because they have the ability to acquire equipment that is needed without putting forth working capital to do so. This will allow these companies the choice to upgrade current equipment now rather than later helping them stay ahead of the competition.
Large corporations are pressured to cut costs any way possible. Leasing is a great solution to help accommodate this need and relieve the pressure. With equipment leasing, large corporations can capitalize on ways to keep their equipment up to date and upgrade at the end of lease terms rather than purchase.
ExecuTech is here to help provide leasing solutions for businesses small to large. We are eager to see ways that we can assist your company. Contact us today and let us help you add leasing ad an option. Office: (360)713-0695 email: kylem@elgleasing.com

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