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Ergonomic Handling Lease Additional Equipment
Lease

Need additional equipment?

LEASE IT!
 

Direct Capital Corporation

Strengthen your business with one of our equipment leasing plans!!!

NEW TAX LAWS SUPPORT INVESTMENT IN CAPITAL EQUIPMENT!

Section 179 Federal Income Tax Deduction - allows companies to write off up to $100,000 in equipment purchases made in 2003.  Equipment leases structured with a $1.00 purchase option qualify for this deduction.

Jobs Growth and Tax Relief Reconciliation Act of 2003 - new economic stimulus gives additional first year depreciation.  Effective for new property placed in service after September 10, 2001 and before September 11, 2004, the act allows taxpayers to claim an additional first-year depreciation deduction equal to 50% of the adjusted basis of qualified property.

Example for company that spends less than $400,000 per year on equipment:

New Equipment
Equipment Price $175,000
Section 179 Deductions -$100,000
Job Creation Worker Act extra 50%    -$37,500
Normal 1st year depreciation 20% -$7,500
Amount of 1st Year Write-off $145,000

*Above for illustrative purposes only, customers should discuss their eligibility for tax benefits with their accountant.

Why Lease equipment?
Consider the following benefits of leasing equipment:

  • Conserves capital/generates profits
      
    Leasing is considered 100% financing, which is almost impossible in any other form of equipment acquisition.  Practically any other financing demands a 10% to 25% down payment, deposit, or compensating balance.   Leasing always avoids initial out-of-pocket costs.  You can quickly acquire use of the equipment you want without major cash outlay.  You can then use the conserved capital and the equipment to generate profits.

  • Avoid equity financing
    Through leasing, you take advantage of fixed equipment costs today and operate on tomorrow's depreciated dollar.  Since capital outlay is held to a minimum, you avoid equity dilution of your company, as often happens in equity financing.

  • Tax advantages
    Lease payments are generally treated as fully deductible expenses.

  • Hedge against obsolescence
    With today's rapidly moving technology some equipment can become obsolete quickly.  Leasing enables you to replace equipment before obsolescence sets in to keep you competitive.

  • Deal with budget restrictions
    Budget restrictions that prevent purchase of equipment may still permit a workable lease arrangement.

  • Longer term - smaller payments
    Typical lease terms are five to eight years - usually much less than the useful life of the equipment.  Lease terms are generally longer than a normal loan period from a borrowing source, resulting in lower monthly payments.

  • Great flexibility in lease plans
    Lease payments can be arranged to match cash flow patterns, to match seasonal business, to match earnings generated by the equipment.

  • Increases productivity & profits
    You can use the equipment NOW to increase your productivity and your profits by staying competitive in today's fast moving economy, and that's the name of the game.

CONTACT US FOR PRICING AND SPECIFICATIONS

 

LEASE RATE FACTORS

Tier A++

Project Cost

24 mos. 36 mos. 48 mos. 60 mos.

$10,000

0.04762 0.03310 0.02587 0.02156

$35,000

0.04682 0.03224 0.02498 0.02064

$100,000

0.04574 0.03143 0.02429 0.02002

Tier A

Project Cost

24 mos. 36 mos. 48 mos. 60 mos.

$5,000

0.04985 0.03482 0.02734 0.02287

$10,000

0.04940 0.03433 0.02685 0.02236

$35,000

0.04940 0.03433 0.02685 0.02236

$100,000

0.04846 0.03369 0.02634 0.02194

Tier B

Project Cost

24 mos. 36 mos. 48 mos. 60 mos.

$5,000

0.05342 0.03643 0.02834 0.02365

$10,000

0.05342 0.03643 0.02834 0.02365

$20,000

0.05342 0.03643 0.02843 0.02365

$50,000

0.05342 0.03643 0.02834 0.02365

Tier C

Project Cost

24 mos. 36 mos. 48 mos. 60 mos.

$5,000

0.05342 0.03894 0.03210 0.02811

$10,000

0.05342 0.03894 0.03210 0.02811

$20,000

0.05342 0.03802 0.03110 0.02705

$50,000

0.05342 0.03802 0.03110 0.02705

 

PAYMENT EXAMPLES

Tier A++

Project Cost

24 mos. 36 mos. 48 mos. 60 mos.

$10,000

$476.20 $331.00 $258.70 $215.60

$35,000

$1638.70 $1128.40 $874.30 $722.40

$100,000

$4574.00 $3143.00 $2429.00 $2002.00

Tier A

Project Cost

24 mos. 36 mos. 48 mos. 60 mos.

$5,000

$249.25 $174.10 $136.70 $114.35

$10,000

$494.00 $343.30 $268.50 $223.60

$35,000

$1729.00 $1201.55 $929.75 $782.60

$100,000

$4846.00 $3369.00 $2634.00 $2194.00

Tier B

Project Cost

24 mos. 36 mos. 48 mos. 60 mos.

$5,000

$267.10 $182.15 $141.70 $118.25

$10,000

$534.20 $364.30 $283.40 $236.50

$25,000

$1335.50 $910.75 $708.50 $591.25

$50,000

$2671.00 $1821.50 $1417.00 $1182.50

Tier C

Project Cost

24 mos. 36 mos. 48 mos. 60 mos.

$5,000

$267.10 $194.70 $160.50 $140.55

$10,000

$534.20 $389.40 $321.00 $281.10

$25,000

$1335.50 $950.50 $777.50 $676.25

$50,000

$2671.00 $1901.00 $1555.00 $1325.50

CONTACT US TODAY AND LET'S GET STARTED!!!
 

Contact us @ 800.223.6430 or email us @ info@ergonomichandling.com 
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