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Financing and Leasing
Options
Lantech Systems, Inc. and MaxPro Leasing, LLC leasing have
strategically partnered up to offer low cost leasing
options. Following in our tradition of quality service and
support you can now lease your Professional Editing Systems
directly through
MaxPro Leasing. Lantech Systems was founded to serve nationally
the Entertainment and Media Production Industries with a
specific focus on 3D Professional Workstations, Render
Nodes, and Mass Storage products for the VFX
Industry. Lantech Systems offers a level of flexibility in financing
options unmatched in the industry.
Benefits of Financing
Convenience - Do you want to spend your time chasing
down financials, reports on the business and principals, and
tax returns for the last several years. Do you enjoy filling
out tedious application packages for a bank when you should
be running your business? Of Course Not! So don't get
caught in the rat race -Choose leasing. Your simple one-page
lease application is usually the only document needed to get
the lease process rolling. This takes the bureaucracy out
of financing equipment for businesses with a very quick
turn-around period. Applications can be approved within 24
hours!
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Flexibility - Do you have slow months or unexpected
cash flow problems? Leasing is very flexible. Leasing
provides you with greater structuring flexibility such as
number of months (term), differing purchase options, and
flexible payment plans (no payments, deferred payments,
seasonal payments, low payments). It's that clear and easy.
Avoid the risk of owning obsolete equipment - With
the digital revolution upon us, where are the benefits of
owning obsolete equipment? Is your equipment affected by
add-ons, updates, revisions, or new technology? You don't
want to be stuck holding the bag on obsolete equipment.
Leasing allows you the flexibility to upgrade, and/or
replace your equipment to keep you in the running with your
competition, giving you the competitive edge!
Smart business owners know that the real value of their
equipment is in the revenue it generates. Wouldn't you
agree? Leasing gives you peace of mind with obsolescence
protection.
Save cash flow and working capital - Did you ever
spend cash and later realize, "Wow, I could have used that
cash for something else (i.e. unforeseen expenses, payroll,
advertising)"? Now, you're stuck in the horns of a dilemma
trying to figure out where your going to raise enough cash
to pay for those unexpected expenses.
One of the biggest problems most businesses have is running
out of cash or working capital. But there's a solution.
Leasing provides you with another source of funding your new
equipment outside of spending your hard earned cash.
Would you pay your employee a large lump sum of money
up-front for future performance (unless your in
Pro-Sports)? So why would you do that with your equipment
by paying a large lump sum of your hard-earned capital?
Save your cash and working capital for important long-range
plans such as expansion, improvements, growth, accounts
payable, personnel, marketing, or research and development.
Let the equipment pay for itself. Leasing is a new source
of money that will save your cash flow and put it where it's
needed most, in your business. Now, that's money well
earned.
Tax benefits - Do you want to take advantage of tax
benefits? Leasing may offer you tax benefits you didn't
realize. Tax benefits that allow you to deduct monthly
payments from taxable income. Monthly payments on operating
leases are typically viewed as operating expenses and can
offer significant tax benefits. Generally, leases with
shorter terms as 36 months may save you big money in the
long run.
When equipment is purchased with cash or a bank loan the
customer must depreciate the asset over its economic life.
Whereas, deducting the entire payment reduces taxes and may
be more advantageous than depreciation when the lease is
shorter than the depreciable life of the equipment. * You
should always consult with your CPA to determine the most
tax beneficial lease for your company. You wouldn't
necessarily pay an employee a large sum of money up-front
would you? (Unless you're in Pro-Sports) So why would you
pay a large sum up-front for your business equipment? When
you look at the big picture it just doesn't make "cents"!
According to a recent business survey on working capital,
when you pay cash up-front you lose 17% on every dollar that
you pay out. What does that mean? On a $10,000 piece of
equipment not only are you out $10,000 in hard earned cash,
but in your first year alone, you loose $1,700. This working
capital could have best been re-invested in growth,
advertising, or unexpected expenses.
Leasing allows you to put your cash flow back into the
business where it is needed the most. You might say, "but I
want to own the equipment". Great, we have an end of lease
purchase option that allows you to buy your equipment. But
let me share a little secret with you that the Fortune 500
companies know, the real value of the equipment is in its
use.
Utilizing the essential use equipment productively generates
enough profits which should far exceed your low monthly
lease payments. In essence, you have equipment working just
as hard as you are and paying for itself! Use your capital
for more important things like growth, investments, and
expansion. Right?
Fast, easy approvals - What does this mean? Fast and
easy as in a simple 1-page application, this is all it takes
for you to get approved within 24 hours! Typically requests
for up to $50,000 and some cases $250,000, can be approved
with only a 1 page application. How's that for fast? On a
good day you'll be lucky to get through the bank lines in 24
hours. Let alone, filling out the bank's tedious application
packages that request that you chase down financial
statements, reports on the principals, and tax returns for
the last seven years.
Besides, wouldn't you rather spend your valuable time
running your successful business? Leasing provides you a
quick turn around period which equates to convenience and
more time for you to spend on running your business.
Alleviate personal debt and free up personal credit. Leasing
keeps your capital sources and personal lines of credit open
and available to you in case they're needed for short-term
requirements. You never know when the budget is going to put
a squeeze on your spending. So why not keep your other
avenues open? Leasing usually provides a non-conflicting
source of credit, thereby increasing the customers'
borrowing base. When structured properly, the 'lease debt'
will not be listed as a liability on your financial
statements (off-balance sheet financing). This may allow you
to preserve your borrowing availability with your bank and
other creditors. You win with a better debt-to-equity and
earnings-to-fixed asset ratio. 
Don't waste your personal line of credit only to find out
too late you should have leased.
100% Financing - With a lease you can be comfortable
in the fact that you can finance 100% of the equipment.
Traditional lenders and banks will normally offer 70-80%
financing leaving you with a problem. Where are you going to
come up with the other 20-30% to put down?
Leasing provides you with minimal up-front cost and the
flexibility to tailor a plan that meets your business needs.
If saving your cash flow is important to you and if your
going to finance your commercial equipment doesn't it make
sense to get 100% of it done?
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