Equipment Leases in Dallas – Today you can lease just about anything needed for your business. Enjoy great rates and tax advantages from Elan Capital.
Small Business Equipment Leases in Dallas
- From computers and heavy machinery to office furniture, it is possible to lease almost anything for your business. Equipment leasing can provide a needed lifeline for cash-strapped businesses in need of the tools of their trade.
- Advantages include getting your hands on needed equipment without paying the high up-front costs. Lines of credit stay freed up because the leases are not bank loans, and lease payments can potentially be deducted as a business expense. It is also possible to easily upgrade equipment once a lease expires.
- There are many types of equipment leases available; Fair Market Value (FMV), $1 Buyout, 10% Option. Sale-Leaseback, Wrap and more. Consult with Elan Capital and your tax professional for the right lease for your situation.
Equipment Leases in Dallas – Elan Capital Inc.
Because your Elan Capital Consultant works with many leasing companies nationwide they can help you determine if leasing your equipment is right for your business. If you should decide to lease, they can usually get the equipment you need with just a simple, one page credit application. In many cases they can have the new equipment on site in as little as a few days.
Don’t Let Cash Flow Restrict Your Business Growth.
When your company needs any type of equipment, we’re happy to provide you with a no-hassle equipment lease or equipment financing agreement. Plus, we do it with minimal paperwork, and fast approvals (just one quick and easy application
In addition to the initial cost and obsolescence, leasing your equipment can also provide your business with a substantial tax advantage. While you should always consult with your tax advisor first, most equipment leases can be structured so that you can write off 100% of the annual lease payments. By contrast, current tax laws only allow a business to write off the interest paid on loans. However, because a lease is a rental and the business is only using the equipment, the business can usually write off all of the monthly lease payments just like any other legitimate business expense. Once again, this can result in thousands of additional dollars in working capital being put back into your business.
Low Rates- Flexible Terms
- Fast Approvals
- Section 179 Friendly
- Easy “No Paperwork” Application
- Re-financing
The last major advantage of leasing your equipment instead of buying is that leasing allows you to not show the equipment on your balance sheet. Once again, this is because the equipment is being rented and therefore actually belongs to a different company than the one that is using it. For this reason leases are often referred to as “off balance sheet” financing and this can be a tremendous advantage to many businesses both large 
and small. Big businesses prefer this option because they don’t want to own millions of dollars in equipment. This equipment will depreciate substantially with the day-to-day usage. Whoever owns the equipment is responsible for the depreciation on their balance sheet. Also, large corporations may require that the board of directors approve any new loans to the business. This can make it difficult for the management of the business to operate efficiently. But a lease is not a loan and therefore may not require approval by the board for the managers to get the equipment they need.
In smaller businesses this can also be an advantage because they will not show additional debt on the balance sheet that will affect their ability to borrow money in the future. If you are considering selling your business, this may also make your company more attractive to potential buyers since you will be showing less debt on the balance sheet.
With offices in Dallas/Fort Worth, San Antonio, Austin, Houston, El Paso, and Lubbock, Elan Capital provides small business leases in Texas with a personal touch not found online.