Hartman Business Machines - Serving Victoria
Providing our clients with practical cost effective solutions for their unique office needs. 
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Leasing Information
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WHY LEASE?
APPROVED LEASING is an Okanagan Business offering competitive rates and attractive options not available from other companies. Equipment leasing is available on site. Hartman Business Machines Ltd., connected with Approved Leasing Ltd., brings competitive leasing rates available to fit within any budget. Also available is specialized packages for new businesses. Contact us for more information.

Why should you consider leasing?
Leasing conserves Capital. Instead of tying up your money in a capital equipment purchase or utilizing bank loans which usually require compensating balances and/or loan covenants, a lease allows you to pay for your purchase in low monthly lease payments. You retain your cash for investing in higher return opportunities. Leasing also circumvents capital budget restraints. By leasing equipment rather than purchasing, you can utilize your capital to benefit such areas, which provide better returns. "Buy what appreciates, lease what depreciates".

Protect your line of Credit
Since we are an alternate credit source, you are able to expand your available sources of credit without pledging your existing assets. Leasing allows you to keep your credit lines open and preserve your borrowing power for other profit generating opportunities.

Off-Balance Sheet Financing
Certain types of leases may help you to better manage your balance sheet and improve your overall financial picture.

Pay as you Profit
Pay for equipment while you use it; while it creates returns for you.

Tax Benefits
Certain lease structures allow monthly payments to be treated as operating expenses and are usually tax deductible. Leasing allows you to defer taxes through 100% expensing the lease payment over the term of your choice. Discuss these advantages with your accountant.

Fixed Rate Financing
With a regular monthly payment, your fixed cost remains the same over the term of the lease.

Improves Product Affordability
Lease financing provides you with more purchasing power to acquire what you want, when you need it.

Planned Equipment Replacement
You never need to lose money or time by keeping obsolete equipment.

LEASE PRODUCTS

Fair Market Value Lease (FMV)
Benefits:
- Provides lowest monthly payments
- Lease payment may be able to be deducted by lessee
- May qualify for off - balance sheet, operating lease treatment for reporting purposes
- Lessee has greater flexibility at the end of the lease

End of Term Options:
- Purchase equipment for fair market value
- Return equipment
- Renew the Lease

Why would you choose this type of lease?
- Desire lowest possible payment
- Want expense treatment (off-balance sheet financing)
- Would like to return equipment at the end of the lease

$1.00 Buy-Out Lease?
Benefits:
- Depreciation expense may be able to be claimed by lessee - Interest portion of the lease payment may be able to be deducted as an expense by the lessee

End of Term Options:
Purchase equipment for $1.00

Why would you this type of Lease?
Would like to own equipment at the end of the lease.

10% Purchase Options Lease:
Benefits:
- Provides lower payments than $1.00 Buy-Out Lease
- Interest portion of lease payment may be able to be deducted as an expense by lessee

End of Term Options:
- Purchase equipment for 10% of original equipment costs
- Return equipment to Financial Service
- Renew the Lease

Why would you choose this type of Lease?
- Desire lower payment, but need guaranteed buy-out at end of the term
- Would like to own equipment at the end of the lease with fixed purchase option.


 

 
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