LEASING
Use this estimator to determine an approximate monthly payment on the
equipment you are acquiring. Please note these are estimated payments and
may vary depending upon market conditions and credit review.
For direct assistance, contact Bill Schachtel for details.
(973)882-1515 ext. 236 or
bschachtel@lakelandbank.com
Benefits of Leasing with Lakeland Bank
Conserve Your Cash And Working Capital:
Cash flow is not
affected. Instead, money is available for opportunities such
as hiring, marketing, working capital, or seasonal cash flow needs.
Preserve Your Credit Lines:
Your existing lines of credit and borrowing availability are left untouched - ready to use for operational and short-term financing needs.
Pay Only For What You Use:
Monthly payments allow you to use your furniture immediately - your only initial cash outlay is for the first and last month payment. And, the new furniture, with its operating efficiencies, pays for itself as you use it... overtime.
Leasing Is 100% Financing:
Leasing covers 100% of the cost of the furniture. You can include "soft" costs in your lease such as design, delivery and installation.
Unlike a traditional loan, there is no 20% down payment.
Gain A Variety Of Tax Benefits:
Unlike loan payments, lease payments may be fully tax-deductible as an operational expense.
Overcome Budget Limitations:
In situations where limited budgets would ordinarily delay or prevent the acquisition of furniture, leasing allows for quick budget approval due to its small monthly expense.
A lease can fit the tightest of budgetary constraints.
Estimate a leasing payment schedule
