Bob New Leasing & Financing
Thank you for considering BOB NEW, INC. for your leasing needs. The following highlights some points for consideration as you assess your financing alternatives.
As business becomes more difficult, control of cash and the ability to borrow becomes critical. The common denominator of all bankruptcies and people with bad credit is that they could not make their payments as agreed. The reason for this of course is that their cash had been diminished to the point of exhaustion. Much of their cash was tied up in fixed assets or equipment which, if available, could have preserved their credit and kept them in business.
Leasing conserves cash and borrowing ability, and allows the equipment that you seek to effectively pay for itself out of the increased income that the use of the equipment provides. Lease payments are paid with pre-tax dollars, much like your phone bill and rental expense, and do not appear on the balance sheet as a liability. Consequently your debt-to-worth ratio is not impacted, allowing for greater financial flexibility in the event of additional, serious down-turn in the economy.
Let your income-producing equipment pay for itself with the cash flow increase it will provide.
Keep your working capital cash reserves and borrowing capability for an unexpected business emergency or expansion opportunity.