800-222-6047

Leasing Advantages


There are numerous reasons that leasing may be the best option for you. Lower initial costs, improved cash flow, simplified budgeting, protection against inflation, retained capital for earnings, payment flexibility and conservation of bank credit lines are some of the advantages. Read more about leasing below and complete an online credit application or call us today at (800) 222-6047.

Tax Advantages 
Lease payments are fully tax-deductible as operating expenses which come out of before-tax dollars, or current income, not from after-tax dollars. In many tax situations, it is more advantageous to deduct the full lease payment than to depreciate the vehicle value. Please contact your tax advisor.


Conservation of Bank Credit Lines
A lease offers an additional line of credit, conserving your valuable bank credit lines which should be reserved for working capital, short-term needs, and unbudgeted opportunities. Leasing offers off-balance sheet financing.


Leasing Protects Against Inflation 
New and up-to-date equipment may be leased today and paid for with tomorrow's inflated, less valuable dollars.


Improves Cash Flow 
Lease payments can provide a superior cash flow compared to loan payments, especially in the early years of equipment use.


Lower Initial Costs 
Our leasing requires an initial investment generally of only a first lease payment in advance of 15% of the equipment cost. Most bank financing requires at least a 25-45% down payment or equity position in the equipment.


Retains Capital For Earnings 
Retaining capital by leasing allows full employment of capital for earnings. This can represent a savings over financing which may require a larger investment in the equipment.


Permits Payment Flexibility 
Lease payments can be tailored to meet your cash flow needs even if the business is seasonal. Thus, your payments are timed for the use of the equipment when earnings are generated.


Simplifies Budgeting 
Preparing and projecting a budget can be simplified as lease payments are known and fixed.


One Stop Financing 
All your financing is handled by one source. Your finance specialist at Paramount Financial will handle all documentation.


Ease Of Application
Our lease plan offers a simple credit application asking only for pertinent information. No financials or tax returns are required on transactions less than $50,000.


Fast Response 
We offer a 24-hour decision turnaround for your credit approval on most transactions.

Financing Advantages
Equipment Credit Application