Pay less taxes: Unlike a loan, leases are tax deductible when claimed as an operating expense, which reduces your taxes.
- Preserves working capital, cash flow, and revolving credit.
- Consistent fixed payments: Monthly lease payments are set for the duration of the lease. This helps with planning, budgeting and forecasting as monthly payments will never change.
- Convenience and flexibility: Leases have much more flexibility in structuring than loans, so leases can be designed to meet your specific needs.