Equipment Leasing from Newport Financial Partners.

 

Newport Financial Partners understands that "cash is king" and one of the biggest challenges for many businesses is keeping the amount of working capital that your business needs to grow and prosper. Working capital is a critical resource for your business as it is used to purchase inventory, pay employee salaries and cover operating costs. When your working capital is depleted, meeting your short and long term financial obligations can become difficult. Newport Financial can help you grow your business while preserving your precious working capital.

Newport Financial offers equipment leasing options that preserve your companies working capital with out tying up your existing business credit lines. With our leasing options you can acquire the business equipment you need without a 100% cash outlay. In this economy putting down large sums of money for business equipment is a risky proposition, even for the most successful companies. any economic downturn or slow sales period could leave your business asset-rich but cash poor.

Leasing is a great way to secure the equipment that your business needs to grow and expand production with out tying up your capital assets. Equipment leasing is a source of funding that is separate from your bank, lines of credit, credit cards & cash. If you need equipment for your company but you need to preserve current working capital we have the perfect leasing plan for you.

The Advantages of Equipment Leasing:

The Advantages:
• Equipment Leasing Is Affordable – Leasing lets you acquire the business equipment you need at a monthly price you can afford; it also frees up borrowing lines for working capital and preserves your much-needed cash flow.

• Equipment Leasing Allows For 100% Financing – Leasing equipment allows you to finance all the costs associated with the equipment. With an equipment lease, you can roll in the installation and training costs, and the down payment is far less than with a bank loan.

• Equipment Leasing Offers Tax Advantages – Leasing your business equipment is considered an operating expense, and depending on your type of lease, you may qualify for the Section 179 Deduction. Newport Financial recommends consulting with your tax advisor or CPA for more specific details.

• Equipment Leasing Affords You Flexibility – Business equipment depreciates and can become outdated, and leasing your equipment with shorter terms (two or three years) allows you to stay ahead of the technology curve. At the end of the term, simply return the equipment. This leaves you free to lease newer business equipment.

• Equipment Leasing Creates Attractive Balance Sheets – When you lease your business equipment, you don't have to capitalize it on your balance sheet; the monthly payment is viewed as an expense.

 

Comparing Financing Options:


Newport Financial knows that business equipment leasing is a big investment and you are bound to have questions regarding your financing options and we have answers. You can contact Newport Financial today to speak to one of our qualified financing professionals who will help guide you in determining the right equipment leasing plan to fit your needs.

Below is a helpful chart that will make your financing options clearer. Depending on your business goals and needs you can see how the financing options highlighted stack up against each-other.

QUESTIONS TO CONSIDER LEASE  BANK LOAN CASH
Get my equipment without a financial statement,  no hassle paperwork and get approved in one day?
Yes
No
Uses up cash on hand
Take advantage of tax benefits and deduct most of the monthly payments from taxable income?
Yes
No
No
Defer payments until equipment is up and running?
Yes
No
Cash outlay is immediate
Avoid financial reporting?
Yes
No, shown as debt on balance sheet
No
Have no cash outlay or down payment?
Yes
No, Most banks require a down payment
No
Match payments to current cash flow requirements?
Yes
No
No
 Buy new or used equipment quickly?
Yes
No
Yes

Contact one of our representives today to see how we can help you and your business with equipment leasing.