Why Lease?
Situation: Do you realize you need new ways to increase your visibility? You know it will improve awareness in your marketplace and make your business more profitable. Yet you are plagued with the question, "Can we afford it right now?"
Yes, You Can!
Solution: Leasing is one of the fastest-growing ways of financing in business today. A recent Gallup survey found that 80% of U.S. businesses lease. The list of companies using leasing ranges from the Fortune 500 to the family store. A growing business is apt to face the dilemma of limited cash flow and the need to add mobile advertising, vehicle wraps, etc.. Leasing can put those investments to work for you without a major capital investment and with real cash-flow advantages.
How it Works:
Low Monthly Payments
Your monthly lease payment will usually be lower than the payment required by other methods of financing.
Acquire Equipment Without Tying Up Capital
Where other types of financing 80% or 90% funding and require a hefty down payment, leasing is 100% financing. Micro Ticket Leasing agreements require only one month's payment plus processing fee (no security deposit). Micro Ticket Leasing puts the vehicle wraps and outdoor advertising to work for you immediately, at a minimal up-front cost.
Protect Your Lines of Credit
Lease payments have no impact on your credit lines with your bank. Your borrowing power is preserved for other business opportunities. Your credit rating improves as you make your lease payments.
Maintain a Competitive Edge
When your competitors are cutting back on advertising and fading away from customers' radar screens, that's the time for your brand to shine even brighter! It's actually an opportunity for you to gain an advantage! As you know, vehicle wrap advertising gives you by far the most impressions per dollar spent of anything you can do. So this is the one advertising effort you DON'T want to water down or cut back on right now. The more your competitors fade, the more you'll stand out!
Take Care of the "Hidden Costs"
Leasing gives you more than just the vehicle wraps. It also covers the cost of design and installation. Your lease includes everything it takes to actually put the vehicle wraps to work for you - getting you noticed!
Realize Tax Advantages
Purchases are made with after-tax dollars. Your lease payments are usually considered a pre-tax business expense and as such may reduce your taxes.
Simplify Accounting
Lease payments are little more than a line-item in your monthly cost of operations - a minimal bookkeeping effort that frees you from time-consuming depreciation schedules.
Protect Against Market Conditions with a Fixed Payment
Remember 1980, when interest rates skyrocketed from 9% to 21.5% in a single year? Unlike bank lines of credit, with variable rates, lease payments are fixed - no matter what happens to the market tomorrow.
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Leasing Adds Up to Good Business Sense
A properly tailored lease program gives you the benefit of having the equipment you need without all the risk and financial pressures.
- Leasing minimizes the demands on cash flow
- Leasing eliminates investing in obsolescence
- Leasing keeps your bank credit lines open
Why Compound Profit Micro Ticket Leasing?
Fast Approvals
Most companies receive a written term sheet within 24 hours of submitting the one-page application to Compound Profit. Rarely are applications for approved equipment turned down. Compound Profit will shop your deal to find the best lender available for your situation.
Easy Qualifying
The one-page application is all there is. No financials, no tax returns and no tenure in business are required.
Low Up-Front Payment
At the inception of the lease, you will be requested to make a payment of the first month's lease payment plus a $75 processing fee. If you've shopped for lease terms, you will know this is an extremely rare and fair up front payment. This is truly unique to the industry to get you started with such little cash out of pocket.
Startups Welcome
For certain banks, and usually most other lenders, are only interested in leasing companies who have been in business for two years or more? Ever been told that? Well, not so with Compound Profit. Our lenders welcome startups and new businesses.