


Should I Lease or Should I Buy...
You may ask why should I lease equipment rather than
take a bank loan? Leasing allows you to keep your bank lines of credit open.
In addition, since leasing companies assume there be a residual value in the
equipment at the end of the lease, they can offer lower rental payments, equaling
a cash savings for you. Finally, some types of term debt can interfere with
your company's future financial structure; this does not occur with leasing.
The Financial Accounting Standards Board (FASB) considers lease payments as
an expense, not a debt under many lease agreements.
Advantages to Leasing
• Preserve capital and enhance
cash flow through lower monthly payments as compared to purchasing the vehicle.
• Qualified customers can obtain low monthly payments with little or
no up-front money.
• Drive a more expensive vehicle for about the same monthly payment
as a less expensive vehicle that is financed.
• Most Lease terms end before the New-Vehicle Limited Warranty ends,
so typically the manufacturer pays for major covered repairs during the lease
term.
• Minimize costly vehicle downtime.
• You can obtain new vehicles more often.
• Maintain a successful and professional image through more frequent
fleet replacement.
• Protect your business against depreciation risks or trade-in worries
with asset depreciation protection.
• Consult your tax advisor when considering the possible tax benefits
of leasing a vehicle.
Did You Know...
Over $215 billion is spent annually by businesses
on productive assets and is acquired through financing.
Leasing Provides...
Flexible finance payments to match your company's
cash flow.
Easy trade ups to avoid obsolescence.
Streamlined process making financing quick and simple.
Financing for nearly anything for your business.
Lead your business down a successful path. Consider the advantage with MKB Leasing.
| Lease Benefits |
| Improve Cash Flow We can structure unique payment schedultes to match your cash flow. |
| 100% Financing - Lease
Versus Loan Unlike a loan, you can cover the complete equipment solution, including soft costs such as installation and training. Loans are restrictive - they cover the asset cost and you need to find cash for soft costs plus a 20-25% down payment. |
| Tax Benefits You may be able to take advantage of depreciation and expense write-offs that significantly affect your bottom line. |
| Avoid Obselescence Easily upgrade your equipment to ensure efficiencies. |
| Preserve Lines of Credit A lease does not affect your company's credit whereas a loan immediately reducing your credit line. |
| No Money Down Low or no down payments are available. |
| If you are considering new or used equipment for your company, call MKB Leasing today to discuss your options! |
Member of the National Vehicle Leasing Association and the Ohio Vehicle Leasing Association



| Trac Lease |
| Choose from a wide range of commercial vehicles, including those with unusual or specialized upfits or high mileage requirements. |
| Tailor the residual value to meet special needs. This gives you more flexibility in determining monthly payments and managing your cash flow. |
| Receive rapid credit decisions. |
| Add new vehicles to your fleet quickly and easily. You complete a Lease Agreement only once. You may add additional vehicles by completing a simple delivery acceptance. |
| Unlimited mileage. |
| Incur no excess wear-and-tear charges. |