Benefits of Lease Financing
8
Better Terms and Structure than Banks
Most bank loans require larger down payments, compensating balances, additional collateral, or restrictive covenants. They may tie the financing to a floating interest rate. Equipment leasing has fixed payments, flexible schedules, low down payment, and does not require extra collateral. Also, banks can put liens on all of the assets of your company including receivables and inventory, while leasing companies only put a lien on the equipment being leased.
01
Why lease packaging equipment if I can pay cash or use my credit line?
Leasing helps you preserve cash flow, which is the life blood of every business. Instead of immediately draining cash reserves or credit lines with a large purchase, affordable monthly lease payments spread the cost over time. Since the value of the equipment is in its use rather than ownership, you get the best of both worlds: immediate labor/material savings while achieving healthier cash flow for operating expenses and growing your business.
02
Is lease financing packaging equipment eligible for tax benefits?
Capital leases are eligible for both Section 179 benefits and bonus depreciation. Learn more and explore your possible tax savings with our Tax Benefits Calculator
03
Why should I consider leasing instead of a bank loan for packaging equipment?
Banks often require more documentation for credit review, as well as extra collateral, restrictive covenants, and liens on all assets of your company (including receivables and inventory). Leasing involves less documentation, does not require extra collateral, and puts a lien on only the leased equipment. As a specialized lender, American Packaging Capital can meet packaging equipment suppliers’ deposit terms, while most banks will not.
04
What if I don’t have room in my capital budget to buy packaging equipment?
Leasing can bypass capital budget limitations that can delay or prevent the equipment acquisition. Predictable, affordable, fixed monthly payments often result in quicker budget approval.