New Business Volume Up 24%

If your company does not offer leasing as an option, think about this- According to the ELFA's monthly leasing and finance index, overall new business volume was up 24% in January of 2011 compared to January 2010. With growth like this, you really should consider leasing as an option for your customers. Don't wait to find a solution when your customer needs to lease; have leasing available for them today. Find out how by contacting us (360)713-0695

Read the full index report

The ATMIA Show was a great success!

We are extending our ATMIA show factors through next week for all other ATM companies across the nation. If you are struggling with your current lease company due to mergers, lack of customer service, or issues with timely funding. ExecuTech is the company you need. Call today to find out about our extended show factors.

offce: (360)713-0695

cell: (360)606-9808

email: kylem@elgleasing.com

website: www.elgleasing.com

Having Cash

How is it that some businesses survive slow periods, recessions and emergencies? The reason is their ability to have the cash to weather the storm.

How would you like to be one of those businesses that has the ability to take advantage of an opportunity to further their business, or make an extra profit? When your business has the cash to make the deal, you come out ahead of the other businesses that do not.

Owning your equipment does not generate more profit. The productive use of the equipment generates profit. With leasing you can make your equipment pay for itself. The increased cash flow may then be used to generate additional profits. Use leasing for all equipment acquisitions and gain flexibility by keeping your capital and your bank lines of credit for emergencies.

ATM Leasing

Before determining whether an ATM lease or an ATM purchase would be your best option as an additional source of income, you should be sure to carefully weigh the pros and cons of both ATM leasing and buying. You may just find that leasing an ATM is a better option for the particular needs of your business.


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ATMIA Show 2011

The ATMIA show starts tomorrow. ExecuTech will be present to meet any leasing needs for the ATM industry. If your company is looking for a no hassle ATM leasing company. Come and meet with us at the show. You can either reach Kyle Moys, SVP Sales and Marketing on his cell, (360)606-9808 or email him (kylem@elgleasing.com) and he will be able to set up a meeting.

Offering Options To Your Customers Will Help You Close More Sales

More often than not, when purchasing equipment, business owners will look at every option before making their decision. This is especially true when the cost of equipment is higher than $2,000-$3,000.  Leasing is an attractive option due to how leases allow the buyer to affordably spread the costs of the equipment across 12 to 60 months, while still tapping into the tax advantages. Here are few points as to why your company should offer leasing an option to your clients:

• Lease payments are a tax-deductible expense for your customer.
• According to the Equipment Leasing Association of America, approximately 80% of U.S. companies lease some or all of their equipment.
• Leasing gives customers the option to purchase now without any upfront cash.
• In most cases, selling a payment is easier than selling a total price.
• Business owners usually focus on short term expense versus short term profit.  With a lease, payments become more attractive and allow better measurements of profit for the business owner.
• Your customers are able to purchase more of what they need with leases. Let’s say the product they need is $2,500.00, and they want to purchase a service agreement and install, but, the business owner does not have the upfront cash for all 3 items.  Upon approval, you can bundle the cost together for a low monthly payment.

Question: I need some new equipment, but I'm short on cash. What can I do?

We stumbled upon a great article written by bob Dahms of the Bellingham Herald. He made some good points about equipment leasing and we wanted to share.

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