Leasing Information

LEASE Vs BUY

BACK Sample Lease Rates

LEASE

BANK LOAN

CASH PURCHASE

A non-cancelable contract extending over a fixed term.

Repaid in regular installments

Using working capitol for acquisitions

ADVANTAGES

	100% Financing
	Conserves Capitol
	Can lessen tax liability
	Preserves Bank Lines
	Flexible Terms
	Hedge against inflation
	Obsolescence protection
	Fixed term & payment
	Contributing asset use without ownership
	Creates New credit source
	Increases Profitability from equipment.
	Easy renewal, add-on/trade up
	Builds customer relationships
	24 Hour application service

DISADVANTAGES

Non-cancelable agreement

ADVANTAGES

	Direct Ownership
	Depreciation
	Appropriate when bank lines remain untapped or there is a loan covenant agreement.

DISADVANTAGES

	Capitalizes equipment
	Relatively short term
	Extensive Documentation
	Covenant Restriction
	Exhausts credit line
	Non-financeable charges
	No obsolescence protection

ADVANTAGES

	No finance charges
	Direct Ownership
	Depreciation
	Appropriate when lacking investment alternatives fir excess cash, or annual capitol expenditures

DISADVANTAGES

	Attacks cash reserves
	Negates time value of money
	Reduces investment leverage
	No hedge against inflation
	No Obsolescence protection

Food For Thought

Would you hire an employee and pay him in advance for the first five years of work? Probably not. Leasing works in a similar way. You pay for the equipment as it earns you money. For Sample Figures on a Fair Market Value Lease go to SAMPLE LEASE RATES. These are not exact, but will give you a general idea of how leasing could assist you in your immediate needs. For more information or to inquire about utilizing this valuable option on your existing or upcoming need , just contact Us at 1-800-877-4571 ext 0, Internet Sales for more information. To access a printable lease application go to LEASE FORM. Complete the form then fax to us at 1-800-305-3931.

ICM uses different leasing companies across the country to provide our customers with this valuable option. A lease purchase is commonly used on your larger equipment and this is an option you might want to consider for your smaller purchases that are $10,000 or more.

Sample Lease Rates

Lease Form