You pay little or no down payment, and monthly payments are low
		You pay only for the portion of the equipment you will use during the lease term, and not for the original purchase price financed over a long term with a retail purchase
		You are not locked into owning equipment that becomes obsolete and difficult to liquidate; depreciation is no longer a concern
		You pay only for what you use, and you have the opportunity to obtain new equipment when needed
		You remain current in today’s changing world, as upgrades and replacements are easily available
		You have the option to buy should you desire
		Payments are 100% tax deductible as an operating expense; because lease terms are usually less than the equipment’s useful life, a lessee may be able to amortize the cost of the equipment faster through tax deductible rentals rather than through depreciation
		No collateral is necessary other than the equipment itself
		With equipment that carries a warranty, you always stay within that warranty with the flexibility of upgrading the equipment
		Payments are a regular business expense that comes out of pre-tax income instead of after-tax profits. Working capital can then be applied to other areas that will generate more profit
		Leasing covers your equipment acquisitions while established bank lines and other credit lines remain intact for other uses. In fact, leasing can improve your balance sheet by recurring long-term debt
		The lease cost is a fixed monthly rate for the life of the contract. Budgeting and planning becomes easier and there is a hedge against inflation. By establishing the amount of the lease payment today, you are actually making use of tomorrow’s less valuable dollar
		A lease can be tailored to your customer’s specific needs -- financially and operationally. Payments can be made to fit their budget
		Equipment pays for itself as it helps to produce sales and profits
		Leasing ultimately saves you time and money

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What are the disadvantages of buying?

Purchasing vehicles or equipment can have the following drawbacks:

		There are no more interest write-offs for automobile loans
		You cannot take investment tax credits
		The automobile depreciation period is now 5 years instead of 3
		Sales tax and payments are not deductible

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What are the steps involved in a typical lease?

After completing and submitting a credit application, the borrower meets with an Avon representative to discuss payment options in relation to the borrower’s credit situation. The borrower then receives a proposal or loan estimate, which is approved and signed. The credit review process is then completed and the conditions of the loan are finalized. The borrower signs the appropriate documents, and after the initial fees are paid, a purchase order is sent to the equipment vendor, who delivers the equipment. The borrower then officially begins the lease cycle by accepting the equipment, and the vendor’s invoices are paid.

Why should I lease with Avon?

Avon Equipment Leasing, Inc. believes in creating and maintaining a personal relationship with every customer. Our knowledgeable staff realizes the importance of providing efficient, cost-effective solutions that fit our customers’ specific needs. We are here to answer your questions by fax, phone, or email, and will always do our best to handle your concerns whether you’re ready to lease or just interested in what we have to offer. We are truly interested in the success and well-being of our customers and will gladly customize a lease agreement that fits your situation. If you have any equipment needs, call Avon today to see how leasing can work for you.

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