About Financing
and Leasing
Every company is different, and so is every lease CT Financing
writes for its customers. It all depends upon the analysis of
your business and tax needs. For example, the following are
two types of leases that you can use to meet your objectives:
Operating Leases
If cash flow and lease payment amount are critical, we might
suggest a true, or operating lease. An
operating lease is considered an "off-balance sheet"
liability and contains a provision to purchase the equipment
at the end of the lease for market value. Further, it can work
to the customer’s benefit for tax purposes because the
payments may be deducted as an operating expense.
Capital
Leases
If long-term ownership of the equipment is your goal, a capital
lease might be your best choice. Similar to a bank loan,
it would be categorized on your balance sheet as a long-term
liability, with interest expense on your income statement.
At the end of your lease, you can purchase the equipment for
a modest sum. Most purchase options range from $1 to 10% of
equipment cost.
There are many different lease combinations that can be put
together to fit the vast number of different needs our customers
have. CT Financing understands that every customer is different,
and our leasing specialists will work with you to meet your
needs. Take a look at our lease programs
for a better understanding of the depth and breadth of our offerings.
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