* Pricing only valid in the United States. Monthly payments may be tax deductible. Offer subject to credit approval. Terms are 60 months with a FMV 10% Purchase Option. Only valid on NEW transactions & businesses of 2+ years. First month and security deposit paid upfront. Subject to a documentation fee.
Benefits of Leasing
There are a number of exciting reasons why leasing could be the best option for you to get your own laser engraving system.
Competitive rates compared to banks
Creative structuring available to match business cycles
Choice of term length
No downpayment - may require 1-2 advance payments
Conserves/maximizes cash flow/working capital
Protects against obsolete equipment
Flexible tax benefits - payments can be deductible
Leaves capital open for other purchases or investments
No liability on balance sheet
Leasing terms for start-ups and credit-challenged are available.
Option to buy, renew lease, or return equipment at end of term
If you’re interested in starting a laser engraving/cutting business or getting a laser system of your own, you may have questions regarding how to go about purchasing your equipment. Our associates at Geneva Capital, LLC. have put together an informative piece on the benefits of leasing to help you determine the best purchasing options to fit your needs. Read on to learn the answers to some of the most frequently asked questions regarding leasing.
Yes. In fact, one of the most appealing reasons new business owners lease equipment is because the Internal Revenue Service (IRS) does not consider an operating lease to be a purchase; rather it is a tax-deductible overhead expense. Therefore, you can deduct the lease payments from your corporate income.
You’ll find leasing has a positive impact on your cashflow because you’re not paying for the equipment in one lump sum. By selecting a lease, business owners can conserve cash for other uses like advertising, marketing or other expenses. Leasing also allows for you to forecast cash requirements more accurately as you know the amount and number of lease payments you will owe over the lease period.
Yes. Leasing opens the door for faster response to new business opportunities. Many leasing companies can approve an application for new equipment in a matter of a few days. This allows for you and/or your company to react quickly to a new opportunity before your competitors can.
Leasing can actually help you to look more attractive to traditional lenders when you need them. Operating leases are not considered long-term debt or liability on your balance sheet which makes you to look more stable to lenders when you need them.
Absolutely. Lessors offer other flexible terms which allow you to customize your lease to a program which will fit your needs and requirements – cash flow, budget, transaction structure, cyclical fluctuations, etc. For example, some leases allow you to miss one or more payments without a penalty, which is an important feature for seasonal businesses.
There are many different options to choose from when determining financing for your equipment and while leasing is the best option for many, it’s not the solution for everyone. To find out if leasing is the best choice for you, or to create a leasing plan of your own, explore the payment estimator below and fill out the form at the bottom of this page.
In addition to the featured offers listed above, you can lease any Epilog laser system. To see your estimated payment range, type in your equipment cost & select your desired term below.
Amount to finance:
Number of months in term:
$431.00 to $447.00 / Month
* Calculator is for illustrative purposes only. Actual numbers will vary based on credit. Original calculator can be found at www.gogc.com.
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