Equipment Leasing
If there is an equipment element to your franchise then you could benefit by using equipment leasing to finance this aspect of the franchise. Too many businesses tie up their valuable cash resources in rapidly depreciating assets without exploring all the viable alternatives.
A leasing option would provide a fixed monthly payment to cover your equipment requirements, spreading the cost over the useful life of the equipment. The fixed nature of the payments takes away the uncertainty of changing interest rates. Additionally, the lease payments are 100% tax deductible.
Some of our clients use leasing to provide a replacement or refresh cycle that ensures the equipment is refreshed on a planned basis thereby maintaining the quality of the franchise brand.
Using lease finance reduces the amount of finance you need from the bank which leaves valuable credit capacity at the bank for overdrafts or additional facilities when conditions get tough.
