If someone talked to you about leasing some years back, the first thing that would have come into your mind was property. Leasing in its original sense was a contract by which one could use property belonging to someone else for a stipulated period of time. Today, you can lease almost anything. Businesses today lease equipment when they are in need of new equipment, but don't have the funds to afford it.

If we were to create a list of equipment that can be leased, it would have no end. Commonly leased types of equipment include: medical, office, construction, restaurant, fitness, telecommunication, transportation, industrial, electrical, computers, mining and bank equipment.

Equipment lease providers can be classified on the basis of the size of transactions that they handle.

Micro-ticket lease company: leases between $1,000 and $25,000.

Small ticket lease company: leases between $5,000 and $250,000.

Mid-ticket lease company: leases between $250,000 and $5MM.

Large ticket lease company: leases over $5MM.

Finding the right lease provider for the equipment you require is not an easy task. It is always better to get quotes from a variety of leasing companies in order to select the best deal available, or the lowest fixed monthly fee offered.

The benefits of leasing equipment are many, including: protection against obsolescence, options for maintenance and servicing, small monthly payments, tax benefits, enhanced cash flow, business insolvency can be avoided in times of economic crises, ease of equipment disposal, and flexibility. Want to learn more about leasing your equipment? Contact Graphic Savings Group today at 203.336.4034 or e-mail us at mail@graphicsavings.com.

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