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Wednesday, March 14, 2007

More on Tanning Equipment Leasing

Here is some useful information about leasing of tanning equipment:
  • Leasing gives you great tax benefits.

  • The cost of a typical tanning lease ranges from $10,000 to $100,000.

  • Lease terms of 36 months are the most popular but you can lease tanning
    equipment for a period ranging anywhere from 24 months to 60 months.

  • Leasing companies offer customized tanning leases.

  • You can preserve your working capital for other investments of greater
    profit by leasing than buying new tanning equipment.

  • You can choose from a FMV, 10%, or $1.00 buyout option on termination of
    the lease.

  • Obsolescence can be avoided. You can install new equipment at the end of
    each lease term.

  • There are special considerations for start-up companies.

  • Limited liability corporations (LLC) benefit greatly by leasing equipment.

    For leasing of any make of tanning equipment, you can contact the Graphic Savings Group.
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