If purchasing needed business equipment will compromise your cash flow, business equipment leasing may be for you.
Equipment Lease Financing Benefits
100% Equipment Lease Financing and Low or No Down Payment
With little or no down payment, retain your working capital for daily needs.
Preserve Cash Flow
Business equipment leasing often provides a lower monthly payment than traditional financing.
Alternative Source of Capital
Avoid last-minute financing and keep existing lines available.
Business equipment leasing often gives you a lower after-tax cost of ownership of an asset.
At Zions Bank, all decisions are made locally in Utah and Idaho, resulting in fast and easy turnaround. Once a line’s in place, transactions can be processed in 24 hours.
Off-Balance Sheet Financing and Tax Advantages
Some leases are accounted for as an equipment rental expense, which can improve your financial ratios and profitability measures while lowering your taxable income.
Available Zions Bank® Equipment Leasing Options
With a Tax Lease, Zions Equipment Finance retains the depreciation benefit and passes its income tax savings to you in the form of lower business equipment leasing payments. Lease payments are often fully tax deductible. And this structure gives you a variety of end of term options.
A Finance Lease lets you deduct interest and depreciation as you do with a traditional loan. Ownership of the asset is immediately passed to you at the end of term, or you can choose a predetermined balloon payment to lower your monthly payment throughout the term.
Can’t Decide Whether to Buy or Lease
Compare business equipment loans versus business equipment leasing side by side. Then, contact us today at 888-281-3259 and let Zions Bank® Equipment Lease Financing specialists help you identify the right solution for your business.