tel: 877-835-6363
fax: 877-622-7953
e-mail: info@oeonline.ca
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| Leasing has many advantages, here are a few: |
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Valuable cash and lines of credit are preserved to grow your business because you are not paying for the full cost of the equipment up front. Meanwhile, you get to enjoy the use of the equipment for an affordable monthly payment.
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You pay GST and PST on your monthly invoices, but you do not prepay these taxes in full up front.
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Talk to your accountant. Lease payments are often considered a fully deductible business expense, accelerating the write off versus capital cost allowances.
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Today's "state of the art" may be rendered obsolete in a few short years. A planned program of replacement enables a business to obtain maximum efficiency from its equipment.
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As inflation mounts and bank rates increase, the lease cash requirements remain fixed.
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If you purchase your equipment, you are effectively paying for the use of the equipment in advance. With leasing, the business pays for the use of the equipment as it increases productivity and profit.
If you have any further questions please contact us
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