Leasing Programs
• Why Lease?
• Flexible Finance Programs
• 100% Financing
• Tax Benefits
• Qualifications
• Deferred Payments
• Software Only Leasing
APPLY NOW!
If you wish to complete a credit application for your business, you may: 1. Download a Credit Application (in PDF format) 2. Request an application by calling us at 888-457-7550.
Vendor Programs! TEAM Equipment Leasing is focused on making it as easy as possible for your customers to buy from you, again and again!(Equipment Vendors click here)
CONTACT US: 7800 Shoal Creek Blvd. Ste. 202W. Austin, Texas 78757 Tel: 512.452.7550 / 888.457.7550 Fax: 512.452.7552 Email: info@teamleasing.com
Software Rental
Leasing Software is a SMART ALTERNATIVE TO CASH!!!
According to industry research, approximately $2,169,999,458 of software is leased each year by businesses in the United States. These businesses lease software because they know that leasing offers numerous advantages over other type of financing, including tax deductions, balance sheet management, immediate write-offs, great flexibility, customized solutions, better asset management, improved cash flow, flexible end of term options, easy upgrades, and fast processing.
TEAM Equipment Leasing, Inc. has innovated a truly unique lease document that will enable your customers to save real tax dollars. It's called a "Rental Agreement".
Rule: in order for a lease payment to be tax deductible, the customer cannot have a "bargain purchase option" such as a $1.00 buy out. If they have a 10% Purchase Option or NO stated purchase option, then it may be an operating expense and 100% tax-deductible.
Problem: Leasing companies assume that there is no residual value in certain assets such as Software and Signage; therefore common sense dictates that we write leases with a $1.00 buy out on these kinds of assets.
Solution: Quote the customer a low lease payment using the $1.00 buy out pricing. TEAM will write the lease using our new "Rental Agreement". The Rental Agreement will have no Purchase Option stated. By doing so, your customer can expense their lease payment as an "operating expense". When the lease term is over, TEAM will not pursue the customer for any further "rental payments".
Cash Sale
1. Selling Price = $10,000
2. Customers tax bracket = 33%
If company was paying cash, the company must earn $14,925 in order to acquire a $10,000 asset. AND this is NOT even taking into consideration the internal cost of funds or opportunity cost of tying up the capital in their equipment purchase.
Lease Sale
TEAM's innovative Tax Lease allows the customer to expense 100% of each monthly payment. This benefit means real tax savings to your customers. 1. Selling Price $10,000 2. 36 Month Payment = $362 (w/ no purchase option) 3. Tax Savings = $362 x 33% = $119.46 4. Net payment = $362 - $119.46 = $242.54 5. Net cost of equipment = $242.54 x 36 months = $8731.44 for a $10,000 asset.
We Take The Hassle Out Of Leasing!