Advantages of Leasing

QUICK AND EASY APPROVAL:

Avoid the hassle at the bank.   Paramount Payment System’s Lease application is easy and quick. Approvals received within 24 hours!

IMMEDIATE ACCESS

Rather than save for a long period of time in order to make a purchase, get immediate access to leased equipment.  Grow your business without the wait!

KEEPOPERATINGCASH:

Don’t empty the business coffers!  Most companies prefer leasing  than an outright purchase because  operating cash is easier to access for emergencies, unforeseen costs, and immediate business expansion.

BUDGET FOR EXPENSES

Leasing with Paramount Payment Systems  makes budgeting for business purchases easier.   Understanding  a monthly lease payment not only helps to initially identify the affordability of the leased item(s), it also helps to more easily recognize other available monthly funds.

BUILD BUSINESS CREDIT:

Business credit is hard to grow.  Most business trade lines are not reported to business credit agencies since it is not a required practice.  Equipment leasing with Paramount Payment Systems will automatically create a reported trade line to grow your business credit. 

PRESERVE PERSONAL CREDIT

No need to apply for a personal loan.  No need to purchase equipment with an existing personal credit line.  Leasing equipment with Paramount Payment Systems will show the financial note on the business.  This makes personal credit available for operations, expansion, and project financing.

GREAT TAX ADVANTAGES:

100% of the monthly lease payment can usually be immediately deducted from business taxable income. Consult with your accountant regarding the current tax year’s section 179 deduction allowances to learn more.

FLEXIBLE PAYMENT TERMS:

Usually between 12-60 months, repayment options vary based on lease type and approval. You choose what’s best for your business cash flow.

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Paramount Payment Systems specializes in leasing equipment used across a variety of industries. For more information, see WHAT WE LEASE.