Acquiring the right equipment at the right time to manage your business can be challenging. As a result, companies turn to lease financing as the preferred method of acquisition to overcome the many drawbacks of equipment ownership. In addition to other advantages , lease financing offers potential tax benefits, improved cash flow and more flexibility over purchasing.

Using a consultative approach, XTRA Mechanical will assist you on evaluating your business requirements, technology investments and obsolescence risks to assess the overall advantages of lease financing.

Conserve Valuable Working Capital
Unlike capital acquisitions, lease financing eliminates the need for lengthy internal budget requests and allows working capital to be used for other purposes.

Preserve Credit Limits
Lease financing gives you an alterative financing source that enables you to acquire equipment without tying up other valuable credit lines.

Streamline Budgeting
When lease payments are fixed over the term of the lease, budgeting is more predictable and easier to manage.

Increase Tax Advantages
While subject to regulatory guidelines, lease payments may be tax deductible. A consultation with your accountant will determine the applicability and nature of tax deductions for each circumstance.

Generate Self-Financing
Lease payments are often paid with dollars generated by the utilization of leased equipment.

Gain Competitive Advantage
Unlike cash purchases, leasing enables you to maintain a competitive position with the latest technology because you have the ability to add on or upgrade equipment during the lease.

Tailor Your Terms and Payments
Your lease can be structured with the optimal term payment frequency to satisfy your budget and meet your companies own unique business requirements.

Protect Against Obsolescence
Leasing provides one of the most manageable and economical ways of keeping up with technological changes. You can be more responsive to a changing business climate by using the latest technology and matching equipment capacity to your needs.

Finance 100%
Lease financing provides a total technology solution since you can combine equipment, software, services, and their associated costs into the lease.