Why Lease Financing?

Lease financing for equipment and software offers several benefits to customers in comparison to paying cash or using existing bank credit lines:

Manage Cash Flow
With lease financing, equipment or software can be paid for over time, keeping cash in reserve especially during lean economic times. In addition, revenue generating equipment can be acquired immediately and put into use creating additional income.

Conserve Bank Credit Lines
Lease financing allows for businesses to leave existing bank lines open for other needs such as inventory, advertising, marketing, expansion, or emergencies.

Increase Purchase Power
Lease financing can allow a business to acquire the equipment or solution that it really needs now as opposed to what the business can afford presently using available cash from capital budget

100% Financing
In addition to equipment and software, additional costs such as installation, shipping, tax, training, and maintenance can be bundled into the amount borrowed.

Tax and Accounting Advantages
Depending upon the lease structure, customers may be able to expense the monthly payment. In addition, Section 179 may provide tax deduction advantages as well. Quantum recommends that customers consult with their tax professional to fully understand the advantages of lease financing.

Benefit to Equipment & Software Vendors
Equipment and software vendors can offer one stop shopping for their customers by partnering with a lease financing source. Vendors can use lease financing as a closing tool – a sale isn’t sold unless the customer has a way to pay for the goods or services.