 |
Leasing Conserves Working Capital. Cash otherwise used to purchase equipment can be reinvested in an area which will provide greater profits. Leasing Provides 100% Financing. No down payments, no compensating balances. Leasing is "PAY AS YOU GO" Financing. Equipment is paid for by the profit it earns or expenses it saves. Leasing Provides Extended Terms. Longer terms mean low monthly payments. Leasing Makes Booking Easier. Under a true lease, rental payments are direct operating expenses. |
Leasing Provides "Present Value" Savings. When compared with alternative financing, leasing may provide "present value" savings. Leasing Does Not Impact Current Credit Lines. Rather that using up current credit lines, leasing actually provides new sources of credit. Leasing Provides A Hedge Against Inflation. Payments are made from future earnings and will have decreasing value compared to today's dollar. Leasing Protects Earnings and Ownership. Which may be diluted by other forms of financing. |
 |
|
| Definition A non-cancelable contract that spreads the cost of equipment over its useful economic life. Options Payments can be based on a finance type lease with a bargain purchase option or an operating lease with fair market value option. Quarterly and seasonal payment plans are available. Equipment Specification The user specifies precisely what equipment is needed and chooses the vendor of his choice. Credit Requirements The user's credit and financial strengths are the primary criteria for consideration. |
Types of Equipment Any type and combination of equipment - new and use - can be leased provided it is non-expendable in nature. Terms Generally from one to five years depending on type of equipment and size or transaction. Warranties All available warranties are passed on to the user. Apply Today Depending on your time in business, We can get approval up to $ 75,000 With only a One-page Form |
sales@onyxeng.com
Home | What's New | About Onyx | Services | Products
Rentals and Pro-Sound | Industry Partners | Contact Us
Copyright © 1999 Onyx Engineering, all rights reserved.