Run your business on your returns without the overhead of capital investment.
KipperTool® now offers “Lease to Own” Program for any and all of our tool systems. KipperTool has partnered with Balboa Capital to bring you financial solutions to our tooling solutions.
Click for application form here. No Obligation.
Benefits of Equipment Leasing
Is equipment leasing better than buying business equipment outright? We know there is no right or wrong answer to this question, as every business has its own way of doing things. If you own a small or medium-sized business and want to acquire new equipment, it’s important to know some of the key advantages of equipment leasing. That way you can make the best decision for your business’ needs.
Equipment financing saves your working capital that would otherwise be used if you were to pay cash for your equipment. With an equipment lease program, which is designed around your specific equipment needs and budget, you make affordable monthly payments over time. This allows you to save your money for business expenses, expansion and more.
Preserve Business Credit
You are well aware of how important it is to keep your business credit line healthy… and open. Getting funding for business expansion, staffing and other operational expenses requires solid credit, and having an open credit line allows you to respond immediately in a time of need. Equipment leasing lets you keep your business credit line open and strengthen the cash flow of your business.
Equipment lease financing presents your business with some fantastic tax benefits. The IRS allows for lease payments to be fully deductible if your business uses the leased equipment.
Better Balance Sheets
A more attractive balance sheet can be yours thanks to equipment leasing. That’s because your monthly lease payment is viewed as a business expense instead of a liability or long-term debt. As you know, having little or no debt on your company’s financial statements is a huge benefit when it comes time to secure business funding. Reduce your capital investment costs.
Call 800-295-9595 for more information.