Leasing Instead of Buying: One Very Smart Business Decision
It is the use of equipment, not ownership of equipment that generates profits. As equipment life cycles shorten in this high tech age, the wide acceptance of that simple precept explains the rise of equipment leasing activity.
Today, more than 80% of all U.S. corporations lease some or all of their equipment. Over one third of all equipment acquired in 1996 was acquired on a lease contract. That's more than $150 billion worth. Even consumers are catching on, leasing more automobiles than ever before.
Whatever your business, whatever your strategies and objectives, in a dynamic business environment, leasing just makes more sense than buying. Leasing gives you financial flexibility, helps you meet changing technology needs quickly and easily, and may offer tax advantages, too. Equipment leasing is a powerful tool that saves you time and money and helps you gain the competitive edge.
- The Financial Advantages
- The Technology Advantages
- Lease versus Loan
- Lease versus Cash
Equipment leasing with Sun Trust Lease is easy and convenient. Our documentation is minimal and payments are simple to budget.
Leasing - The sales tool that maximizes profits
When an equipment manufacturer, dealer, or distributor offers Sun Trust lease programs, their customers are immediately able to afford equipment that otherwise might have been out of reach.
Sun Trust offers a variety of flexible leasing programs tailored to the end-customer's individual needs, so it's easier to qualify more customers and close more sales.
Additionally, Sun Trust can act as a vendor's backroom finance department, providing all the benefits of leasing without the costs of running an entire finance department.
With Sun Trust, vendors receive:
- Prompt credit decisions
- Streamlined documentation and processing
- Quick funding
- Professional, personal support for both the vendor and the lessee