What Is (Company) Leasing?
Company leasing refers to an agreement between a business and a financing company to purchase assets. In this case, the business is the lessee while the financial company is the lesser. The lesser purchases the requested asset from the supplier and leases it to the lessee under an agreed financial lease agreement.
Over time, the lessee gets full ownership of the invested asset if they meet the terms and conditions of the financial lease agreements. Company leasing is available in a wide range of options and for different business assets. Your business can get leasing for machines, equipment, furniture, vehicles, and other relevant property.
Also known as company leasing, financial leasing gives you the freedom to invest in goods essential for your business. This funding method allows you to secure necessary financing without eating into your day-to-day operational funds. You can find options for pretty much any essential business item.
Machine leasing refers to an arrangement whereby your business rents equipment rather than purchasing it. This financial arrangement comes in handy for businesses that need to use expensive machinery or vehicles, but cannot afford the equipment. Instead, they can lease the equipment for a specific period. This eliminates the need to spend large sums of money on depreciable equipment to use for a short period.
The Benefits Of Company Leasing
Company leasing comes with several benefits.
- Easy and stress-free equipment or rental acquisition
- Minimal down payment and low repayments
- Equipment pays for itself rather than eating into your initial capital
- You don’t have to invest in expensive depreciable assets
- Maintains your business cash flow
- Cheaper than regular loans
- Friendly corporate tax arrangements
How You Can Easily And Quickly Secure Company Leasing With PrestaFlex
You can very quickly secure company leasing with PrestaFlex. Indeed, using PrestaFlex, you can access a range of company leasing options to help you grow your business. You only have four application steps to complete. Simply, send your financing request through an online application form, email, and phone call.
The application usually processes within 24 hours, and as part of the processing, PrestaFlex will begin an in-depth financial analysis for your business. Once the application is approved, an economic overview report and tailor-made financing options are sent to you. After you choose your package, PrestaFlex finalizes all agreements and monitors the payment of the contracted amount.