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Q&A: Building vs Buying Computers

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Q&A: Building vs Buying Computers

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Leasing versus Buying

About Leasing

What does it mean when you lease equipment for your business?

Leasing is a contract in which one party (lessor) conveys the right of use of an asset to another party (lessee) for a specific period of time at a predetermined price. There are many advantages for leasing vs. buying:

Advantages

* Leasing reduces your total investment costs.
* The VAT you pay on the rent can be set off immediately against the VAT that your company receives.
* Leases can be fully written off over the period of the lease saving you significant tax dollars.
* Lease your equipment and keep the maximum amount of your cash in your business to use on growing the business.
* Additional sources of credit usually give businesses more flexibility and future growth opportunities.
* Your business is not forced into using outdated and unproductive equipment. You have the flexibility to upgrade your equipment at any time.

What kinds of equipment can be leased?

* Real estate properties for your company including office buildings, plants or warehouses.
* Motor vehicles including automobiles, minibuses, trucks, pickups, vans, or other kind of motor vehicles
* Computer & Networking
* Office equipment
* Medical equipment
* Construction machinery
* Manufacturing Equipment
* Textile machinery
* Agricultural
* Construction
* Restaurant
* Sound and Lighting, etc

Who can lease equipment for their business?

* Joint-stock companies
* Sole proprietorship
* Limited companies
* Unlimited companies
* Self-employed professionals
* Joint ventures

If you'd like more information about leasing or would like to lease equipment for your business, call Larry Gray at 1-877-860-4140 or visit our website at: www.connectlease.com

About the Author

At Connect Lease Corporation, we specialize in many different kinds of leasing. We are here to help. We specialize in finding the right lender matched to the right equipment to suit your situation and needs.We strive to offer our clients simple, hassle-free and cost-effective financing. At Connect Lease, we measure our success by connecting you with the right lender so you can grow your business.

Q&A: Building vs Buying Computers

Written by admin

February 19th, 2010 at 7:27 pm