Lease Your Next Machine With Ferric Machinery!
Leasing is a great solution that offers many benefits for fabrication shops of all sizes. In short, they increase your buying power, provide tax benefits, offer flexibility when it comes to payments or future upgrades, and are especially great if you upgrade equipment often.
Advantages of a Leasing Equipment:
- You can write off the entire payments as tax deductions (On a loan you can write off the interest paid and annual amortization)
- There’s no down payment required
- You can trade up your equipment once the lease ends or even refinance a trade up during your lease
- It’s easy to structure new financing when needed
- Leasing preserves your line of credit
- You are not required to assume ownership responsibility of the equipment, though you can at the end of the term
- Payment plans are more flexible to your needs
- No collateral required
If you have any questions about leasing or would like to lease a machine with us, give us a call at 1 (877) 337-7424! We’re open Monday to Friday 9am-5pm. You can also email us at [email protected].