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| Why Leasing? |
| Flexibility |
| Lease options
are available for almost any kind of equipment. Machine tools...
construction equipment...copiers... computers... medical/dental
equipment...from single items to an entire office or plant. |
| Manufacturer's
Warranties and Guarantees |
| You make the
arrangements as to price and specifications with the supplier
you have selected. You retain all manufacturers' warranties
and guarantees. |
| Lease Term |
| Lease terms are
typically from two to three years... most of the time less than
the useful life of the equipment. Nearly always this term is
longer than a normal loan period from a borrowing source, resulting
in lower monthly payments. |
| Retaining Cash
on Hand |
| Most other financing
demands a large down payment, deposit or compensating bank balance.
With a lease you can quickly acquire use of the equipment you
want without major cash outlay. |
| Tax advantages |
| Lease payments
can often be treated as fully deductible expenses. This may
mean a more rapid write off to you. Because the lease term is
generally shorter than the depreciable life, payments can be
expensed in a shorter duration. |
| Cost Effective
Alternative |
| After evaluating
the alternatives, cash purchase, a bank loan, or installment
purchase, you may determine that the advantages you can derive
from the use of freed-up capital, via a lease, often costs you
less. |
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"The
Intuitive Global
Portfolio Picture" |
| Technology market focus,
superior software technologies and worldwide reach
are Old American's most powerful assets. But most
of all, we keep customer satisfaction at the forefront
of all we do. |
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