Liberty Financial Group, Inc. provides direct financing and leasing for all types of new and used essential commercial equipment, specializes in the transportation industry (trucks and trailers) and the construction industry (yellow iron).
Why would a company choose leasing commercial equipment rather than buying?
- Leasing can make sense when cash is tight. Businesses don’t have the big upfront costs when equipment is purchased outright, or have to put money down on a financing loan. You generally just have a flat monthly payment over the lease term, with perhaps a small deposit.
- Businesses can upgrade your equipment every few years, or whenever the lease term ends. This makes it easier to keep up with technology and allows a business to always be up-to-date with the latest gadgets.
- Some lease agreements cover certain repairs, upgrades and maintenance, Small businesses aren’t burdened with the same out-of-pocket expenses and time hassles associated with ownership.
- Technologies like computers and copiers depreciate in value so fast that many businesses opt to lease in order to avoid replacement and disposal costs, choosing instead to simply turn the equipment back into the leasing company. Many lease agreements however provide an option to buy the equipment once the lease term ends.
When you finance your equipment needs with Liberty, your cash is not tied up in equipment. It is free for investments that will grow your business, produce income, and insure the equipment you acquire earns profits.