Partner Article

Equipment Leasing Advantage

Cedar Capital Group, a Singaporean-based company which rents and sells capital equipment to neighboring Asian country with agents in Seoul, South Korea and Tokyo, Japan is dedicated to delivering the best quality equipment to our beloved clients and partners. Here are the top reasons why you should lease heavy equipment for your business:

1. Financial Access. It is trouble-free to acquire financing to lease heavy equipment as compared to getting a loan from a financial institution. There are many financial institutions with the main purpose of helping out with the heavy equipment leasing for the engrossed party. Apply and go through a particular process previous to getting to an agreement, then one can get the equipment they need for whatever project. With the various financial support one is spoilt for option.

2. You Can Save Cash You would save some cash, which can be used for other projects when you lease out heavy equipment. And if in the case that you need something that was not included in the budget or may it be something that is needed immediately, you will also have a steady cash flow. Taxes can be reduced when working with heavy equipment leasing companies.

3. Easy to upgrade There is always an advancement in equipment because of technology, for that reason there is also always something better might be introduced in the market and you might decide that it will do a better job. You can be able to change the equipment you are using for the advanced model which would be harder to do when you purchased the equipment outright with heavy equipment leasing companies. Just be aware of legit products to upgrade and review your options wisely.

4. Customized paying plan You can customize the paying plan to be more convenient to your financial state at that specified moment with heavy equipment leasing companies. On the other hand, get ready with the needed amount when making a cash purchase of equipment. You can work out a plan that lets you to pay in installments instead of paying the full amount all at once when leasing equipment.

5. Flexible end term options. It will happen in time that your plans can alter because of the to inevitable conditions or even manage to get a certain project done ahead of time. At this point, you can terminate your lease early and of course, have to pay a penalty for doing so. Otherwise, if you wish to own the equipment at the end of your lease term, you can either purchase it at $1 or at fair market value. This will, however, depend on the type of the lease transaction that you got into.

This was posted in Bdaily's Members' News section by Mark Paul Lucas .