Fleet Lease and Equipment Benefits

Southgate Leasing goes the distance ensuring you experience all the benefits fleet leasing and equipment leasing offers.  Understanding the benefits of fleet leasing and equipment leasing is important when making a decision about how to appropriate company funds optimally.  Fleet leasing and equipment leasing offer many advantages of purchasing fleet vehicle or industrial equipment including, financial flexibility, tax deduction, and minimal maintenance and repair costs.  Whether your goal is to keep more capital in your company for other expenditures or to avoid hassles associated with used fleet vehicle resale, Southgate Leasing’s fleet leasing and equipment leasing plans make your finances work for you.

Fleet Lease and Equipment Lease Payments are Tax Deductible

Business fleet lease and equipment lease payments are tax deductible.  Utilizing a fleet lease allows you to write off 100% of the fleet vehicle’s business use.  Southgate Leasing will assist you with the deduction documentation of your fleet lease or equipment lease.

Fleet Leasing and Equipment Leasing - Avoid Costly Repairs

When fleet vehicles are owned, financing terms generally match the fleet vehicle’s service life.  When a fleet vehicle’s end is near, increased fleet vehicle maintenance and major repairs become a costly reality.  Repairs often cost more than the fleet vehicle is worth.  A fleet vehicle in the repair shop leaves you with downtime and few options.  A fleet leasing program optimizes replacement parameters allowing you to replace fleet vehicles before costly situations arise.

Fleet Leasing and Equipment Leasing Enhances Company Cashflow

Many companies who are in a growth mode find it challenging to keep adequate cash reserves for expanding business operations with fleet vehicles.  With fleet leasing and equipment leasing, more cash stays in your company.  Additional working capital means higher returns for your company.

Fleet Leasing and Equipment Leasing Eliminates the Used Fleet Vehicle Marketing Hassle

One of the main chores of fleet vehicle ownership is selling a used fleet vehicle when it reaches the end of its service life.  From preparing the fleet vehicle for sale to handling phone calls from strangers, to arranging test drives, used fleet vehicle sales is time consuming work.  A full service fleet leasing company handles all aspects of fleet vehicle remarketing.

Lease End Options

Fleet vehicle leasing and equipment leasing provides you several options when the vehicle reaches its replacement timeframe.  You can extend an equipment lease, replace a fleet vehicle with a new one, or simply purchase it.  For some companies, the flexibility of fleet leasing and equipment leasing is the sole reason they lease.

Fleet leasing and equipment leasing offers many benefits over renting or purchasing fleet vehicles or other equipment.  To learn if fleet leasing or equipment leasing is the best option for you, call Southgate Leasing at 414.529.2992, or contact us online, to speak to a leasing expert.