FREQUENTLY ASKED QUESTIONS

Topics      Ask a question   Search: --All Topics-- About LeasingLeasing with Park Western LeasingApproval ProcessAbout doing business with Park Western Leasing   For:

Question :   What are the benefits of Leasing?  Answer :  Leasing allows you to get the equipment you need to run your business without draining your business’s resources or capital.  Given that in many cases, you are allowed to deduct the monthly lease payment as an operating expense, the Lease payments simply become part of your operating budget, rather than a long-term liability.*  If your business utilizes bank lines of credit, Leasing is a great way to keep your lines of credit open for other uses. *(One such advantage is that Lease payments are typically deductible as a monthly business expense.  Please consult your accountant or tax advisor for specific tax advantages that may or may not be available to you and your business through an equipment lease.)   Was this answer useful to you?