| Why Offer a Lease Program? ... MIDACO CORPORATION
offers an affordable way for you to get the "immediate"
productivity benefits of a PALLET CHANGER without having to "wait
to budget it in!" Easy Equipment Upgrade
Equals Profits.
It's not the ownership, but the use of the equipment that creates
the profit. Worn out or inefficient equipment is replaced to end
down-time, improve productivity and increase profit. State-of-the-art
equipment offers an "edge" over the competition. Leasing
provides a hedge against the obsolescence of equipment.
Leasing Works on Tight Budgets.
Minimum cash outlays plus modest payments enable leasing to work
in any budget. 100% financing is available so you can get equipment
you need when you need it with no down payment.
Frees Up Working Capital.
Eases overhead costs so you can utilize your money in ways that
produce the best return. The capital earmarked for equipment that
depreciates can be used to purchase assets that appreciate.
Offers Fixed Rate Financing.
Lock in expenses at today's prices while paying for them with tomorrow's
cheaper dollars. Leasing provides a hedge against inflation.
Available Credit Lines.
Keep your credit lines accessible for short term needs such as inventory
peaks, trade discounts and more.
Excellent Tax Position.
Lease payments are usually 100% tax deductible as a business expense.
A full write-off over the lease terms reduces your after-tax cost
substantially. Leasing can provide a way to accelerate the write-off
of the asset to more closely match the write-off to the useful life
of the asset. Depending upon the lease, the tax cost of a lease
can be considerably less than after tax cost of a loan. Also, depending
upon the lease, there is no adjustment required for Alternative
Minimum Tax.
Favorable Balance Sheets.
Leasing results in faster turnover of assets, better earning power
for investment, less financial risk, and a smaller debt-to equity
ratio. Leasing can provide off-balance sheet financing which reduces
our debit-to-equity ratio. This asset in blank lines of credit,
loans and bonding capacity.
No Equity Financing.
Leasing removes the need for equity financing, allowing greater
asset flexibility.
Click here to apply for Financing by
Midaco. |