Equipment financing allows you to finance your Trailer Power Washer at a fixed rate, for a fixed period of time, without having to purchase your power wash trailer with cash or working capital. Leasing permits you to avoid many of the uncertainties associated with outright purchasing. Leasing your power washer allows you to run and grow your business. Companies choose to lease Trailer Power Washer rather than purchasing the equipment form many reasons, including:
The preservation of cash flow compared to conventional financing is the most attractive benefit of leasing. Leasing a Trailer Power Washer can offer low cost financing because of the advantages of tax benefits. Tax depreciation and taxable income due to current operating losses.
Lease/finance transaction of a pressure wash trailer in many cases can be executed and completed in less time than traditional financing alternatives.
Conservation of capital
Leasing a Trailer Power Washer doesn’t require the cash like it does for a large equipment purchase and can be used to overcome budget limitations. Cash and lines of credit remain free and liquid for other working capital needs that have higher ROE and or ROA metrics.
Leasing provides 100% financing while a typical equipment loan requires and initial down payment. Costs incurred in acquiring a Trailer Power Washer can be financed by the lease. These costs include delivery charges, interest charges on advance payments, sales or use taxes, and training costs. Such costs are not usually financed under alternative methods or equipment financing. This gives you a huge advantage on adding this value added service for you customers.
Value Added Service for Current Customers
Leasing a Power Washer Trailer doesn’t require a huge investment of cash. Customers have the opportunity to receive something above and beyond their basic needs. You benefit from an increased rapport with the client, which translates into more revenue and a larger client base.
When you lease a Pressure Wash Trailer, the potential to significantly enhance the growth, services and the reputation of the company is well worth the investment.
Always consult your tax advisor as to any tax advantages that may be available with leasing.