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Cornerstone can provide you with several avenues in leasing survey equipment. We offer traditional financing and leasing with terms of 12 to 60 months available. Currently special financing is available, some of which include:
- 0% down
- 12 months no payments or interest
- 2.99 %
- 5.99 %
- 9.99 %
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| Which financing option is right for you? Let's compare the three different options. |
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Option 1: Leasing
Advantages
- Depreciation write-off or fully expensible payments
- 100% financing
- Conserves capital
- Preserves bank lines for unanticipated needs
- Always fixed payments
- Easy add-ons, trade ups
- Seasonal billing available
- Won't appear on consumer credit report of principal(s)
Option 2: Cash Purchase
Advantages
- No finance charges
- Direct ownership
- Depreciation write-off
Disadvantages
- Attacks cash reserves
- Reduces investment leverage
- No hedge against inflation
- MOST EXPENSIVE after-tax option
Option 3: Bank Loan
Advantages
- Direct ownership
- Depreciation write-off
- Appropriate when bank lines are never utilized
Disadvantages
- Payments my be variable
- Convenant restriction; may encumber other assets
- Exhausts credit lines
- May require: compensating balances, down payment, origination fee
- Training, installation, freight, software, etc. maybe deemed non-financeable
- Cumbersome process and often time consuming
- Banks lack industry understanding and specialization
- Appears as additional consumer debt on principal's consumer profile
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| Please contact us with any questions you might have concerning our leasing plans. |
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