JH Equipment Leasing Co. : Lease Types

JH Leasing offers a variety of flexible, cost-effective customer lease products to fit any companyís equipment leasing needs. We lease a broad range of small business equipment, including merchandising equipment and fixtures, as well as restaurant equipment, such as ice cream freezers, pizza machines and roller grills. We offer two basic types of leases, each of which can be customized based on your unique leasing needs.

CAPITAL LEASES

A capital lease is essentially one in which the lessee acquires all of the economic benefits, as well as the risks, of the leased property. In many cases, ownership of the property is transferred to the lessee at the end of the lease term, or the lease contains an option to purchase the property for less than fair market value at the end of the lease term. This type of lease is also known as a financial lease, and is especially advantageous for those operators who plan to keep their equipment at the end of the lease term. The asset is amortized over the life of the lease. JH Equipment Leasing Company offers free equipment leasing quotes for capital leases.

Key Benefits

Improve cash flow and liquidity
Easier credit terms on leasing vs. a financed purchase
Align small business equipment costs with the benefit derived from that investment
Enjoy predictability of payment streams – no surprises
Facilitate budgeting process with fixed payments
Equipment ownership at end of lease

OPERATING LEASES or TRUE LEASES

Operating or true leases are usually written for a considerably shorter term than the actual life of the equipment, and in some cases, the lessor will handle all maintenance and service. Under an operating or true lease, the lessor is treated as the owner of the leased equipment for both tax and non-tax purposes and the lesseeís payments do not establish any equity. In general, most payments under an operating lease or true lease are tax deductible as a business expense if the equipment involved is used for a legitimate business purpose. Operating leases are advantageous for short-term small business equipment needs. JH Equipment Leasing Company offers free equipment leasing quotes for operating or true leases.

Key Benefits

Improve cash flow and liquidity
Easier credit terms on leasing vs. a financed purchase
Align small business equipment costs with the benefit derived from that investment
Enjoy predictability of payment streams – no surprises
Facilitate budgeting process with fixed payments
Tax advantages