Even during these trying financial times, you can still go solar. And better yet, you can afford it. For both residential and commercial systems, leasing offers a great alternative to purchasing your solar electric system outright.
Why Leasing?
Commercial leasing is the smart way to acquire equipment and make your energy project a reality. For those new to leasing, the rule of thumb is: Buy what appreciates, lease what depreciates. Leasing provides the opportunity to not only go green, but do so in a way that is beneficial to your bottom line.
Why Leasing?
Commercial leasing is the smart way to acquire equipment and make your energy project a reality. For those new to leasing, the rule of thumb is: Buy what appreciates, lease what depreciates. Leasing provides the opportunity to not only go green, but do so in a way that is beneficial to your bottom line.
- Control Your Business
With leasing, only the equipment is used as collateral. This allows your business to avoid liens on property and the financial restrictions that banks might require. - Preserve Working Capital
With conventional borrowing, more upfront money, plus a significant down payment may be required. This constrains your working capital and prevents the flexibility offered by leasing. - Provides Fixed Payment
With commercial leasing, you will know your payment over the lease term, allowing for more accurate forecasting and easier budgeting for monthly expenses. - Hedge Against Inflation
When you lease equipment, you pay for it as you use it. When you purchase with cash, you pay in current dollars for future use of the equipment - Tax Advantages
Leasing can lessen the burden that taxes have on your company’s wallet. Depending on how the lease is structured, you may be able to fully deduct lease payments as business expenses, as opposed to depreciating the value of the equipment as if it were an asset.
Sun Solar recommends you consult with your financial adviser to determine what the best arrangement is for your company’s unique financial position. If your interested in leasing your solar electric system, give us a call at 866-208-5041 or 847-810-0136.