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At first glance, it would seem that if you have cash, that is your best way to purchase equipment. However, that is not necessarily the case. We have many customers who purchase equipment with leasing when they have the cash in the bank. Here are some of the reasons why:
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You have better uses for your cash. Whether that means using for non-equipment expenses like expansions, renovations, employee benefits and the like, or saving it for a rainy day, or spending it on the most important person in your company...you! Your cash can work for you in many better ways than in equipment.
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Equipment is better paid for whil you are using it, not in advance. Your wouldn't pay your employees salaries 2-5 years in advance would you? Neither should you pay for your equipment before you use it either.
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Technology is speeding up the work at an ever increasing pace. It is also causing equipiment to be come obsolescent, generally much faster than we imagine when we purchase the equipment. Leasing means that your cash is not tied up into a rapidly depreciating asset, protecting your bottom line.
The question is, "What is the best for your business both now and in the future?" As your business grows, will you with that you had that cash when an opportunity comes up to make a smart investment that requires liquidity? Only you know what your business needs will be. If you have unsure, let's talk, so you can make the best business decision for you.

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(800) 299-4FIT
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