To give an example of how a leasing can help businesses with their cash flow as well as the added benefit of tax deductions, see the Analysis below.
1) Equipment Cost: $15,000.00
2) Monthly Lease Payment Equipment Cost: $375.00
3) Annual Gross Cost ($357.00 x 12mo): $5,625.00
4) Tax Deduction (Estimated 40% of Annual Gross Cost): $2,250
5) Net Annual Cost (Annual Gross Cost minus Tax Deductable Amount): $3375.00
6) Net Cost per Month (Net Annual divided by 12): $281.25
7) Net Cost Per Day (Net Cost Per Month divided by 22*): $12.78
8) Net Cost Per Hour (Net Cost Per Day divided by 8**): $1.59
*22 is average business days in a month (you can adjust for your schedule)
**8 hours, based on the average business schedule
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