Leasing offers numerous advantages over other financing methods.



Conservation of Capital: Leasing equipment preserves bank lines of credit for future business opportunities.

Leasing Improves Cash Flow: Since leasing does not require a down payment, it is equivalent to 100% financing.

Leasing Fights Inflation: Leasing costs remain the same over the life of the lease agreement, no matter how much prices and interest rates rise. A lease lets you use the extended term to pay for today's needs with tomorrow's dollars.

Leasing Overcomes Budget Limitations: Leasing lets you get the equipment you need free of budget ceilings. Low monthly payments let you hold the expenditures within budget limits.

Fast Tax Write-Off: Leasing allows for the largest and quickest possible tax deductions.

Customized Solutions: Leasing offers a variety of financing programs that can be tailored to fit your company's cashflow and budget needs.

Flexibility: Defer your decision to purchase by choosing a lease with a purchase option.

Simpler Than Bank Loans: Summit programs and procedures are designed to allow you to respond quickly to new opportunities with minimal documentation red tape.

Leasing Simplifies Growth: Leasing allows the most manageable and economical way of keeping up with change. A the expiration of a lease, you have the opportunity to replace obsolete equipment with newer, more modern equipment.

Longer Term: Typically, most financial institutions extend only short term credit. Summit offers flexible terms that can extend up to 60 months, even on smaller transactions.
 

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