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COMMONLY ASKED QUESTIONS
Why Lease?
- Conserve Capital:
You can generate positive cash flow from the very first day of operation thanks to minimal cash down and lease payments structured to match your projected budgetary requirements.
- Preserve Credit Lines:
You can have immediate access to the equipment you need without impacting your traditional lines of credit.
- Tax Benefits:
Lease-based acquisitions can be structured in a manner that will result in a lower after-tax cost when compared with outright purchase.
Who Can Lease?
Any for-profit or non-profit company or organization as well as all state and municipal entities.
Is a Down Payment Required?
Normally the first and last lease payments are required in advance; however, leases can be structured with no advance payments.
Can The Lease Be Canceled?
Typically not, however, the leased equipment can be traded-in for new equipment or upgraded before the expiration of the initial lease term and a new lease can be structured without penalty.
What Type of Equipment Can I Add To The Lease?
Provident Capital Group will gladly consider all your equipment needs.
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