top of page
Capital Leasing Services PNG_Horizontal White.png

Business Equipment Leasing
Frequently Asked Questions

Welcome to the Capital Leasing Services FAQ page! Below, we answer common questions about business equipment leasing and business software leasing, including how it works, its benefits, and the types of equipment and software you can lease.

General Questions About Business Equipment Leasing

 

1. What is business equipment leasing?

Business equipment leasing is a financing option that allows companies to acquire equipment by making manageable monthly payments rather than purchasing it outright. This helps preserve cash flow while enabling businesses to access the tools they need to grow.

 

2. How does business equipment leasing work?

Leasing involves choosing the equipment your business needs, agreeing to a lease term, and making regular payments. At the end of the lease, you may have options to purchase, upgrade, or return the equipment.

 

3. Why should I choose business equipment leasing instead of buying?

Leasing helps preserve working capital, allows for predictable budgeting, and provides flexibility to upgrade to newer equipment as needed. It’s also a tax-friendly option, with potential Section 179 benefits.

 

4. What types of businesses benefit from equipment leasing?

Businesses of all sizes, from startups to multinational corporations, can benefit from leasing. Industries such as manufacturing, construction, healthcare, technology, and retail frequently use business equipment leasing.

 

5. Can I lease used equipment?

Yes! Business equipment leasing often includes the option to lease pre-owned or refurbished equipment, which can save costs while meeting your operational needs.

 

6. What is the typical term length for equipment leasing?

Lease terms can range from 12 to 84 months, depending on the equipment and your business needs. Flexible terms are often available to suit your budget.

 

7. How does leasing equipment affect my taxes?

Leasing may qualify for tax deductions under Section 179. Always consult with a tax professional to understand the specific benefits for your business.

 

8. Can small businesses qualify for business equipment leasing?

Absolutely. Leasing is a great option for small businesses as it requires less upfront capital and offers faster approvals compared to traditional loans.

 

9. What if I need to upgrade my equipment during the lease?

Many leasing agreements allow for upgrades or trade-ins, ensuring your business stays competitive with the latest tools.

 

10. Is there a minimum or maximum amount for business equipment leasing?

Most leasing options range from as low as $5,000 to several million dollars, depending on the equipment and your business requirements.

 

Questions About Business Software Leasing

 

11. What is business software leasing?

Business software leasing allows companies to access essential software programs through monthly payments, avoiding the large upfront cost of purchasing licenses outright.

 

12. What types of software can be leased?

You can lease a variety of software, including accounting software, customer relationship management (CRM) tools, enterprise resource planning (ERP) systems, and industry-specific applications like CAD or medical software.

 

13. How does software leasing differ from software subscriptions?

Leasing involves a set lease term with predictable payments, while subscriptions are ongoing and can increase in cost over time. Leasing may also offer ownership or renewal options at the end of the term.

 

14. Can I lease software and hardware together?

Yes! Many businesses lease software and hardware as part of a bundled agreement, making it easier to manage costs and ensure compatibility.

 

15. Is business software leasing tax-deductible?

Like equipment leasing, software leasing payments may qualify for tax benefits under certain conditions.

 

16. What are the benefits of leasing software for businesses?

Leasing software helps businesses stay up-to-date with the latest technology, improves cash flow, and provides flexibility to upgrade as needs change.

 

Types of Equipment That Can Be Leased

 

Capital Leasing Services offers leasing solutions for a wide range of equipment, including but not limited to:

    •    Construction Equipment: Excavators, bulldozers, cranes, loaders, and scaffolding.

    •    Manufacturing Equipment: CNC machines, lathes, 3D printers, and assembly line equipment.

    •    Medical Equipment: MRI machines, X-ray systems, ultrasound devices, and patient monitoring systems.

    •    Office Equipment: Computers, printers, copiers, and phone systems.

    •    Technology Equipment: Servers, network equipment, and data storage devices.

    •    Commercial Vehicles: Delivery trucks, trailers, and vans.

    •    Retail Equipment: Point-of-sale systems, shelving, and display cases.

    •    Agricultural Equipment: Tractors, harvesters, and irrigation systems.

    •    Food Service Equipment: Ovens, refrigerators, freezers, and commercial kitchen tools.

    •    Fitness Equipment: Treadmills, stationary bikes, and weight machines.

    •    Audio/Visual Equipment: Projectors, sound systems, and video conferencing tools.

    •    Energy Equipment: Solar panels, generators, and battery storage systems.

 

Additional Questions

 

17. How fast can I get approved for business equipment leasing?

Many applications are approved within 24-48 hours, with funding available shortly after.

 

18. Can I finance equipment from a private seller?

Yes, business equipment leasing often includes financing for equipment purchased from private parties.

 

19. What happens at the end of the lease?

At the end of the lease, you may have the option to purchase the equipment, upgrade to newer models, or return the equipment.

 

20. How do I start the leasing process?

Contact Capital Leasing Services to discuss your needs and complete a quick application. Our team will guide you through every step of the process.

 

Ready to Learn More?

 

Business equipment leasing and software leasing provide flexible, cost-effective solutions to help your business grow. Contact Capital Leasing Services today to explore your options and get started with a quick, hassle-free application.

bottom of page