Lease and Rental
EXPERTISE | RESPONSIVENESS | STABILITY
Why Lease
You can always lease equipment – you can’t lease money! Most types of financing require down payments of up to 25%, whereas leasing covers 100% of the cost of the equipment. Most leases require only one or two payments in advance. Get immediate use of the equipment with minimal up-front cost.
Technology is changing at a rapid fire pace. What meets your business’ needs today may be obsolete three years from now. Leasing allows you the flexibility to maintain a competitive edge by giving you today’s best technology then allowing you to upgrade when the equipment has outlived its advantage.
Unlike bank lines of credit that usually have variable rates, lease payments are fixed no matter what happens in the market. By choosing leasing you won’t be a victim of skyrocketing interest rates. Remember the 80’s when rates rose from 9% to over 20% in one year? That can’t happen with leasing.
Leasing eliminates the need for complicated depreciation schedules since lease payments are generally line item expenses on your P&L statement. And since lease payments can usually be treated as a pre-tax business expense you may even reduce your taxes.
Paying cash for equipment automatically adds 30-40% to the cost when you realize that cash = profits and taxes are paid on profits. Leasing is the right choice! It minimizes demands on cash flow, eliminates obsolescence, keeps your bank lines open, saves on taxes and shelters you from the market.
Safety in Leasing
APRIL IS DISTRACTED DRIVING AWARENESS MONTH!
April is Distracted Driving Awareness Month and is the perfect time for motor carriers to remind their drivers of the dangers of distracted driving and
BACK TO SCHOOL SAFETY!
In the next two weeks we will see many students returning to school after the summer break. For some of these students this will be
PROACTIVE VS. REACTIVE SAFETY AND LOSS CONTROL PROGRAMS
Which One Do You Have? At the end of the year you should be evaluating your safety and loss control program to determine your performance
SIGN UP NOW FOR ONE OF THIRTEEN SAFETY SEMINARS TO BE HELD THIS FALL!
Idealease and the National Private Truck Council NPTC will again host safety seminars in 2023. The one-day seminar this year will focus on data available
HYPERTENSION AND DRIVERS
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PREPARING FOR THE JULY 4TH HOLIDAY
Drive Sober or Get Pulled Over To keep families safe this Independence Day, law enforcement agencies will have increased enforcement focused on impaired driving during
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