In-house leasing is
available through Standard Leasing for all our MC Group customers. Leasing has
many advantages, here are
a few of them:
Leasing
Conserves Capital
Valuable cash and lines
of credit are preserved to grow your business because you
are not paying for the full cost of the equipment up front.
Meanwhile, you get to enjoy the use of the equipment for an
affordable monthly payment.
No
Pre-payment Taxes
You pay GST and PST on
your monthly invoices, but you do not prepay these taxes in
full up front.
Leasing
Offers Income Tax Benefits
Talk to your accountant.
Lease payments are often considered a fully deductible
business expense, accelerating the write off versus capital
cost allowances.
Avoid
Obsolete Technology
Today's "state of the
art" may be rendered obsolete in a few short years. A
planned program of replacement enables a business to obtain
maximum efficiency from its equipment.
Leasing
Provides a Hedge Against Inflation
As inflation mounts and
bank rates increase, the lease cash requirements remain
fixed.
Leasing
Equipment Pays Its Own Way
If you purchase your
equipment, you are effectively paying for the use of the
equipment in advance. With leasing, the business pays
for the use of the equipment as it increases productivity
and profit.
If you have questions or would like more information you can
contact us at 519-352-2940 or
triciap@maplecityoe.com
