Have you ever wondered how leasing compares to other methods of financing? There are numerous, significant differences between purchasing with cash, using a line of credit, or securing a loan from a bank. These differences can impact your ability to procure lab equipment and finance other areas of business.
Excedr Leases vs. Traditional Financing: An In-depth Comparison
Our lease program is designed to make your life easier, by providing you with the equipment you need aswellas the financial flexibility needed to grow your business.
Financial consultants and accountants commonly agree that leasing is the most effective use of operating capital. Excedr’s operating lease program allows you to acquire equipment with a fixed, affordable monthly payments, leaving credit lines and cash reserves free for business development opportunities or unexpected expenses.
That said, it’s important to understand your options and how they stack up against each other. In this free download, you’ll be able to see the comparisons between:
- Excedr leases
- Purchasing with cash
- Securing a bank loan
- Using a line of credit
The comparisons are made based on several matching criteria. These include:
- Upfront cost
- Repayment terms
- Effect on credit & future borrowing ability
- Effect on operating capital
- Accounting treatment
- Payments
- Tax benefits & impact
- Speed of approval
- Financial statements & tax returns
- Equipment obsolescence
- Refurbished equipment procurement
