The true benefits of leasing are realised in different ways.
1. Improve your company’s financial position
By leasing equipment from Power & Earth, your company can make the most of a reduction in liabilities on your balance sheet. This will improve your company’s balance sheet and financial position and hence increase your lending capability.
2. Save your company’s capital
Most companies are not sitting on massive stacks of spare cash, so to tie up capital through the purchase of expensive machinery makes little sense. You can utilise your capital in more productive ways.
3. Save time with no maintenance hassle
Especially apparent when operating large fleets of vehicles and machinery, the time and staff it takes to service equipment and keep it in top running order is a cost to your business. With this taken care of your staff can focus on more productive activities. Power & Earth will take care of all major breakdowns for you. One phone call is all it takes.
4. Predictable cash flow forecasting
An operating lease provides certainty because the lease is a fixed cost that can be taken into account for forecasting and cash flow purposes.
5. Avoid losses in machinery value
If you purchase a new piece of machinery, typically it will loose value faster than the depreciation you can claim. This makes leasing a better option for short- to medium-term use. Power & Earth take on the economic risk of on-selling the machine at the end of the lease.
6. Upgrade to the newest equipment at no cost
Leasing machinery from Power & Earth gives you the option to select the latest machine at the beginning of each lease, so you are always operating with the best equipment.
Need advice on your lease vs purchase options?
We specialise in short-term and seasonal/annual lease agreements that are customised to your specific needs. Power & Earth also specialise in the sale of ex-lease tractors. We have a number of ex-lease machines for sale and on our books. These are usually in two categories: under 2000 hours or under 1000 hours. They are less than two years old and are still covered by the remainder of the transferable factory warranty.
Please contact us to discuss great deals on these ex-lease tractors.