Leasing, very often makes good business sense...

...which is why so many companies today are making use of it as a financing tool to help meet their business objectives. Leasing can be used effectively by your business in a number of ways and will provide numerous benefits to your company.

Renowntech specializes in providing customized, competitive lease financing solutions for a full range of asset types and transaction sizes.

Benefits of Leasing:

Project Financing - Finance 100 Percent of Costs:

Aside from the cost of the equipment itself, often referred to as the "hard" cost you can also include soft costs such as software, installation, training, shipping, warranty and more.

Free Up Cash:

There is no significant outlay of cash as there would be with a straight purchase, or loan financing, in which case lenders often require a significant downpayment.

Flexibility:

Leasing provides flexibility in various ways: you can, for example, match the lease term to your needs and select an appropriate end of term option; you also have the ability to upgrade or add-on equipment during the lease.

Tax Advantage:

Lease payments can often be treated as an operating expense and as such are 100% deductible - consult your tax and legal advisors to see if this applies in your case.

What Can Be Leased

You can lease just about anything: the following are some examples of the areas in which Renowntech provides lease financing:

• Technology: PC's, laptops, servers, printers, etc.
• Computer Software: Application software, Off-the-shelf software
• Office Equipment and Furniture: Photocopiers, fax machines, office furniture
• Production and Manufacturing Equipment: Presses, lathes, printing equipment, etc.
• Medical Equipment: Equipment for hospitals and medical centres