The Make It Happen Lease™ is smart business.
Go ahead, give yourself a pat on the back for making a smart business decision and going with the Make It Happen Lease™. Here are some of the reasons The Make It Happen Lease™ makes you so smart:
You increased your buying power.
By reducing your equipment purchase to a simple periodic payment you’ve leveraged up the buying power of your operating or capital budgets. For example, $30,000 annual equipment budget can be leveraged up considerably through The Make It Happen Lease™ in comparison to applying the total amount to just a few purchases outright. You can also add extra features or accessories to your equipment for very small increases in your payment.
You didn’t touch your cash or lines of credit.
In business you always want to preserve your cash and lines of credit so that they can be left in reserve for the unexpected or used to grow your business in other ways. Think of it - no business ever experiences financial difficulty because it has too much cash on hand.
You didn’t have to make a down payment.
Unlike most financing options, The Make It Happen Lease™ does not typically require a down payment. One hundred percent of your purchase price is financed.
You put-off the taxman until another day.
When you purchase or finance equipment outright, you pay the GST and PST up front. But not with The Make It Happen Lease™ which spreads out your tax payments over the term of the lease.
You may also have enjoyed some other tax benefits.
In many instances, leasing provides a business with income tax benefits by allowing them to expense lease payments rather than depreciating them as a capital cost. Debt to Equity ratios are also unaffected as the equipment does not appear on the balance sheet.
You’ve protected yourself against inflation.
By leasing now you establish your equipment costs in today's dollars, and pay those costs incrementally in inflated future dollars, as the equipment is used.
You can better match revenue with expenditures.
The Make It Happen Lease™ allows you to better match your revenue with your expenses by paying for the equipment while it is used to generate income or protect profits.