Leasing Facts

Leasing Facts: 1) Eight out of ten U.S. companies lease and finance all or some of their equipment. 2) Small businesses are twice as likely to lease or finance their equipment as to purchase it outright 3) With numbers like that, you should be leasing too.  To get started contact us today (360)713-0695

Breakdown of Lease Cost

To give an example of how leasing can help businesses with their cash flow as well as the added benefit of tax deductions, see the Analysis below.

1 ) Equipment Cost: $2,400.00

2 ) Monthly Lease Payment Equipment Cost:  $50.00 X 48mo

3 ) Annual Gross Cost ($357.00 x 12mo): $600.00

4 ) Tax Deduction (Estimated 40% of Annual Gross Cost):  $240.00

5 ) Net Annual Cost (Annual Gross Cost minus Tax Deductible Amount):  $360.00

6 ) Net Cost per Month (Net Annual divided by 12):  $30.00

7 ) Net Cost Per Day (Net Cost Per Month divided by 22*):  $1.36

8 ) Net Cost Per Hour (Net Cost Per Day divided by 8**):  $0.17

*22 is average business days in a month (you can adjust for your schedule)

**8 hours, based on the average business schedule

Now is the time to lease!

Leasing Activity and confidence is on the rise. July showed another growth of 6.8% over June's numbers. Surprisingly, 44.2 percent of respondents indicate they believe their company will increase spending on business development activities during the next six months, up from 28 percent in June. 55.8 percent believe there will be “no change” in business development spending, down from 69 percent last month, and no one believes there will be a decrease in spending, down from 2.6 percent who believed so last month.

NAELB

ExecuTech Lease Group is no officially a member of the National Association of Equipment Leasing Brokers. If you would like to work with a company that strives to serve your company with strong ethics and leasing expertise. Contact us: (360)713-0695

Looking for you

We are currently seeking additional vendors for our preferred leasing program.If you are looking for a leasing company, an alternative to your current leasing relationship, or a place to take your new equipment; contact us right away: (360)713-0695

Questions:

Are you getting your responses within 15 minutes? Do you have options of 12 through 60 months? Are you able to lease more than just one type of equipment with your current company? With ExecuTech you not only get these services, you also get a personal account manager to handle your needs, competitive factoring and industry knowledge from a team that understands your business. Call today and start leasing with a winning team (360)713-0695

Computer Equipent Leasing

Today ExecuTech finalized a couple of computer equipment leases for one of our vendors. When you are looking to purchase computer equipment for your business you should consider leasing. I found this article written by Bill Kleyman, MBA, MISM and wanted to share.

READ HIS ARTICLE: HERE