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What MAX
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Leasing vs.
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Credit Process Checklist
 

 

Lease
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Protect yourself

If it appreciates, BUY IT.

             If it depreciates, LEASE IT
                                                                       Malcolm Forbes

Leasing allows you to pay for the equipment as income is earned from its use.  Makes most sense, doesn’t it?  Say “hello” to affordable monthly payments and “good-bye” to high rentals.  Never again turn away business because you don’t have the necessary tools.

One of our leasing professionals can help find the lease for you. We can structure your payments to compliment the trends in your business.  Leasing will allow you the opportunity to upgrade your equipment choice and consider larger purchases. 

Structuring a lease with a purchase options allows you the opportunity to turn in your equipment at the end of your lease. Take advantage of this option to always have the most up-to-date equipment available to your business and stay on top with cutting edge technology.

Leasing Tip: Protect your credit at all costs.  The best way to do this is to put your request in the hands of only ONE leasing company.  Sending your application to various sources in an attempt to find the best deal only lowers your credit score and your ability to get the best rate. 

Each time your credit is pulled, the name of the company that pulled your credit is added to a cumulative list on your credit report. Banks and funding sources alike frown upon a variety of leasing companies on this list as it reflects the possibility that you have been turned down repeatedly or you are attempting to secure more than one loan.. In some cases this may result in an automatic decline. Many pulls to a credit report may also lower your score.  

Avoid automatic on-line applications.  That is an easy way to abuse the credit process.  Also, some banks and funding sources do not accept on-line applications for various reasons and may exclude you from sources that have the best interest rates.

Please call for a Credit Analysis. We would be happy to answer any and all of your questions candidly and for FREE.

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