Leasing Information

How
Leasing
Works...

• You select the make and model of the equipment you need, and make your best deal.
• Minimum amount of lease transaction $1,500. No maximum limit.
• Lease Line then purchases the equipment from MC Tech, and in turn, leases it to you.

There is no single reason
why companies lease!

Usually the motivation is a combination of the following factors:

• Leasing provides up to 100% of the equipment cost
• Working capital and credit lines remain free for other uses
• Reduced costs due to purchase option or FMV at end of lease
• After tax costs may be less expensive than other forms of financing
• Certainty of fixed rental for the full term of lease
• Pre-determined purchase option and renewal privleges
• Lease may qualify for off balance sheet accounting
• Hedge against inflation
• Leasing may not contravene loan covenants or capital investment restraints
• Simplifies budgeting & accounting with fixed rentals
• Lease rentals can be 100% deductible
• Simplified documentation
• Reduced equipment risk
• Equipment replacement program
• Operating budget may permit leasing when capital budget does not
• Modern equipment can be acquired immediately
  

Each leasing situation is different,
just as every company is different.

Assuming...

your company is in business to turn a profit,
not just to acquire assets.

Leasing has its benefits....

• Allows for immediate acquisition of up to date technology
• Keeps cash in your business for inventory, marketing, renovations, etc.
• Simplifies bookkeeping
• Conserves established lines of credit
• Facilitates budgeting - costs known
• Provides for obsolescence - equipment replacement program
• Lease rental may be treated as a fully deductible expense
• After tax costs may be less expensive
• New equipment adds to your cash flow and productivity

For Consumers...

• A convenient payment plan

 

LEASING...

Easy to plan,
Convenient,
Flexible...

...may be
your Best
Alternative!

 

          A Division of Credit Line Corporation.

Burlington, Ontario, Canada
Tel: 905-632-7789  Fax: 905-681-2433