It is now possible to furnish your office or hotel with an operating lease.
Leasing is a commercial operation whereby the user has immediate access to an asset for a fixed period of time in exchange for a pre-arranged and fixed regular fee.
ADVANTAGES WITH RESPECT TO TRADITIONAL PURCHASING OR LEASING
· an alternative line of credit
· retention of liquidity
· payments can be fully and immediately deducted for tax purposes
· the asset is entered into the balance sheet as a service and not as a fixed asset
· no depreciation or asset management
· no reporting to the credit bureau
· asset insurance
· fixed, scheduled costs
· bank disintermediation
· 24 to 60 month duration
· possibility of acquiring ownership of the asset at the end of the contract