Why Lease?
Nearly 80% of US businesses lease finance at least one piece of equipment. With the exorbitant price of equipment in the healthcare industry, medical equipment leasing makes excellent sense in a variety of circumstances and is an ideal way to circumvent large cash expenditures and hefty down payments.
At Chase Industries, our equipment leasing programs allow you to finance 100% of the purchase price. No need to come up with large down payments. Furthermore, our financing programs account for and allocate funds for soft costs like shipping, installation, and training.
By leasing you can:
- Optimize Cash Flow
- Conserve Capital
- Improve Budget Planning
- Save Personal Credit for Personal Use
- Allow New Equipment to Generate Income and Pay For Itself Over Time
Equipment Lease vs. Bank Loan
True Lease |
Bank Loan |
| No effect on personal credit | Shows as debt on personal credit |
| Saves cash reserves for business needs | Uses cash reserves as down payment |
| Tax advantages (consult your accountant) | Tax advantages (consult your accountant) |
| Fixed interest rate and payments | Variable rates will increase payment |
| Can include soft costs like shipping and software | Hard assets only |
| Application only approval on most transactions | Long approval process |