Quality Fuel Trailer & Tank, Inc. offers lease/contract-financing options through established equipment finance companies.
Benefits of leasing
Leasing offers significant tax advantages over buying outright or financing.
- Lease payments are generally 100% tax deductible
- Conversely when equipment is purchased outright, it must be depreciated over its useful life, typically much longer than the term of a lease. The same rule applies when equipment is financed. Loan payments are made "after-tax" and only the interest portion is tax deductible
- $1 Buyout: Enter a contract lease and buy the equipment for only $1.00 at the end of the term OR
- 10% Residual: You can choose an open lease and retain the option to buy for 10% residual value at the end of the term
No money down. Usually just two payments are required to initiate a lease
Amortize costs of acquisition
Delivery charges, installation charges, software, etc. can be spread over the life of the lease
Save valuable working capital
Hedge against inflation
Lock in on today's rates and pay monthly with inflated dollars
Free traditional lines of credit
Keep traditional borrowing capacity available for short term and emergency use.