Leasing is Flexible

With leasing, you are able to customize a program to address your needs & requirements - cash flow, budget, transaction structure, cyclical fluctuations, etc. For example, some leases allow you to miss one or more payments without a penalty, an important feature for seasonal businesses.

100% Financing

With a lease, there is very little money down - perhaps only the first & last month's payments are due at the time of the lease. Since a lease does not require a down payment, it is equivalent to 100% financing.

Leasing is Fast & Convenient

Leasing allows you to add equipment or upgrade equipment under similar terms. Leasing can also allow you to respond quickly to new opportunities with minimal documentation. Geneva Capital may approve your application within 24 hours.

Tax Benefits

The IRS does not consider an operating lease to be a purchase, but rather a tax-deductible overhead expense. Therefore, you can deduct the lease payments from your corporate income. Also, because lease payments are treated as expenses on a company's income statement, equipment does not have to be depreciated over five to seven years.

Improves Cash Flow

Lease payments are historically lower than loan payments, hence conserving cash for other uses. Also, by leasing equipment you know the amount & number of lease payments over the life of the leasing period, so you can accurately forecast cash requirements for your equipment.

Manages Obsolescence

A lease allows equipment to be returned to the lessor at the end of the lease term. You can then upgrade equipment without having to manage disposal and other ownership burdens. You don't risk getting caught with obsolete equipment.

Balance Sheet Management

Because an operating lease is not considered a long-term debt or liability, it does not appear as debt on your balance sheet, thus making you more attractive to traditional lenders when you need them.

Leasing is Smart

Eight out of 10 companies lease some or all of their equipment, according to industry research. Why do they lease? Because the flexibility provided by leasing allows them to have the most effective operation possible. Companies that lease tend to be the most entrepreneurial & competitive.