Alliance Business Interiors offers a variety of options for financing your office furniture investment. In the past, most businesses financed purchases through existing credit lines or used cash to make the acquisition. Today however, many businesses are using the resources of financial services companies to reduce the upfront costs of ownership while simultaneously producing tax advantages for the company.

Why consider leasing?

Leasing offers the business owner and manager an easy way to acquire the equipment they need to grow their business. Leasing offers 100% financing, eliminating the need to use precious cash, working capital, or dip into bank credit lines, reducing available credit for emergencies or unforeseen opportunities. Leasing also avoids cross collateral or blanket liens usually required by banks.

Leasing may also offer potential tax advantages by reducing the cost recovery or “write-off” time. You may be able to treat the payments as normal business expense over the term of the lease, 36 months as an example, rather than depreciating the equipment as an asset in accordance with IRS schedules (up to 7 years). You should consult with your tax advisor to determine the specifics of your situation.

Smart business people understand that it is the use of business equipment that produces income, not the ownership. There is a business axiom that says: “If it appreciates, buy it. If it depreciates, lease it.”

How long can I lease?

Standard lease terms are 24, 36, 48, and 60 months with 36 and 48 months being the most popular.

How does leasing work?

You determine the exact equipment you need from the vendors of your choice. Upon credit approval, you will be able to lease the equipment for a specified monthly payment for a specified period. Multiple pieces of equipment from multiple vendors may be included in a single lease with a single monthly payment.

What kinds of equipment can be leased?

Almost any new and USED business interiors, including workstations, case goods, seating, furnishings and equipment can be leased.

What can be included in the finance amount?

Freight, installation, maintenance and service contracts and other “soft” costs may normally be included.

What happens at the end of the lease?

You may elect the option of returning the equipment to the leasing company or you may purchase the equipment for an amount that may be determined at the inception of the lease.