Tuesday, 8 January 2013

What my benefits are to Leasing a Commercial Trailer?

In the current economic climate, competition is still fierce, and companies are opting to play it safe when it comes to starting up and maintaining their business.

At the same time, companies are looking for ways to maintain and expand their service reach to grow their business and forge ahead towards what is hoped to be more profitable times. This is why leasing a commercial trailer has become such a popular choice amongst both large and small businesses. Leasing, as opposed to buying, allows businesses to add to their fleet of vehicles with less upfront investment, less long term repair risk, less administrative hassle, less ownership responsibility and no obligation to purchase.

All while offering the flexibility to buy out the commercial trailer at the end of the lease, meanwhile taking advantage of tax write offs, freed up capital to devote to operations, and maintaining an open line of credit. While the total for buying a commercial trailer outright may at first appear to be less than the cost of leasing, the above incentives can quickly add up to make leasing more advantageous. Many businesses choose to lease commercial trailers for the benefit of having the option of trading up every two to three years for newer commercial trailers with the latest technologies available in the field. These same companies appreciate never having to worry about costly repairs and vehicle depreciation, which is inevitable when businesses hold on to commercial vehicle inventory year after year. Certainly, the lower monthly costs that go along with leasing attract companies looking to quickly expand their fleet. When new businesses launch, there can be an untold amount of changes within the first few years as they find their ground and get established within their market area. Leasing a commercial trailer is a perfect solution for a new business in this stage as there is no long term obligation to the individual leased vehicle, or an entire fleet of leased vehicles for that matter.

This sort of flexibility allows a new business to be agile enough to expand or scale back as growth allows, leaving the business in a much less risky position. Most lease companies also offer fixed rates that do not fluctuate, which can help businesses manage costs. With so many configurations of lease options available for commercial trailers and other commercial vehicles, a lease financing company can tailor the lease to meet the specific needs of your company. One of the most sought after aspects of a lease agreement is to include a maintenance or fuel management feature which can help further manage expenses. In addition, during times of lean operation budgets, many companies consider leased commercial trailers an expense. When considering a lease, some helpful questions to ask yourself about your business are how long you want to use the equipment and what you plan to do with the equipment once the lease has been satisfied. Based on your tax situation, your balance sheets, cash flow, and lines of credit you can find a lease agreement to obtain the commercial trailers that are right for your company and its future growth.

Get Commercial trailer leasing and finacing at competitive rates at TruckLendersUSA.com.  Company also deals in commercial trailer financing and truck financing.

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