Qlease.com Lease vs. Loan

Some of the benefits of leases as opposed to loans include tax benefits, a low fixed rate, no blanket liens, quick and easy processing, and much more. Here are some common questions people have when deciding between a lease and a loan:

Does leasing require me to make a Down Payment? - While most banks will usually require a 10-20% down payment on a loan, leases require only first and last payment.
Will my rates be fixed or varied? - When you lease with Qlease your lease rates and terms are fixed.
Does leasing require blanket liens? - When financing equipment, banks will usually place a "Blanket Lien" on your business assets. This can create problems if you want to get additional financing. Rarely will a blanket lien be required on a lease.
What type of tax benefits will my business realize if I lease? - The IRS does not consider an operating lease to be a purchase, but rather a tax-deductible overhead expense. Therefore, you can deduct the lease payments from your corporate income. Bank loans are not tax deductible. Please consult your tax advisor for additional information.
How long will it take to process a lease application? - Qlease understands one of the most important resources to your business is your time. Compare the time it takes to get a $150,000 bank loan, which can take up to several weeks as opposed to a lease for $150,000 from Qlease that can be processed in less than a day. There are no business plans, financial statements, projections, or hurdles to jump over to get a $150,000 line of credit from Qlease. Just a one-page credit application is all that is required for Qlease.



Some of the benefits of leases as opposed to loans include tax benefits, a low fixed rate, no blanket liens, quick and easy processing, and much more. Here are some common questions people have when deciding between a lease and a loan:
Does leasing require me to make a Down Payment? - While most banks will usually require a 10-20% down payment on a loan, leases require only first and last payment. Will my rates be fixed or varied? - When you lease with Qlease your lease rates and terms are fixed. Does leasing require blanket liens? - When financing equipment, banks will usually place a "Blanket Lien" on your business assets. This can create problems if you want to get additional financing. Rarely will a blanket lien be required on a lease. What type of tax benefits will my business realize if I lease? - The IRS does not consider an operating lease to be a purchase, but rather a tax-deductible overhead expense. Therefore, you can deduct the lease payments from your corporate income. Bank loans are not tax deductible. Please consult your tax advisor for additional information. How long will it take to process a lease application? - Qlease understands one of the most important resources to your business is your time. Compare the time it takes to get a $150,000 bank loan, which can take up to several weeks as opposed to a lease for $150,000 from Qlease that can be processed in less than a day. There are no business plans, financial statements, projections, or hurdles to jump over to get a $150,000 line of credit from Qlease. Just a one-page credit application is all that is required for Qlease.