Equipment Leasing Benefits
Use our fleet purchasing power to lease, finance or buy one or a fleet of vehicles, in all makes and models. We will
factory order all vehicles to your specification and deliver them to your business.
Today more and more companies recognize leasing as a wise alternative to the more
traditional means of satisfying their equipment financing needs. Equipment financing is made easier with Citizens
- Leasing provides flexibility
- Leasing provides for 100% financing
- Leasing can include most, if not all, of the soft costs associated with your financing project
- Leasing makes budgeting easier with fixed rate financing leasing allows you to acquire more equipment
with minimal capital investment.
- Leasing can provide tax benefits
- Leasing can help preserve your working capital lines of credit
Why Lease Equipment with Citizens Leasing?
- Lower Payments
Because you are not paying for the entire purchase price of the equipment, your lease is based only on the times and mileage you plan on using if.
- No Down Payments
Leasing requires no down payment, typically, the first month?s lease payment
- Leaves Cash Available
When you don’t make a substantial cash down payment, your money is available for other investments and purchases.
- Faster Process
Many individuals, companies and professionals enjoy the simplified record keeping that leasing provides. Leasing is both convenient and efficient at tax reporting time. You also save on sales tax and pay tax only on your monthly payment - not on part of the equipment value you don t use.
- Tax Advatages
Expense your payments for tax advantages and exchange depreciation for lower rates also, you can expense your payments over a shorter time than depreciable life on some equipment.
Flexible Payment Structure
Lease payments are typically made on a monthly basis, but repayment schedules
can be customized on a quarterly, semi-annual or even variable basis matched to projected company cash flows.
We can also accommodate progress payments contractually owed to vendors while
equipment is being shipped, installed and/or tested prior to its being put in service.
Our broad expertise means that we can provide a full range of financing solutions
for equipment acquisitions in a variety of industries, including construction, transportation, technology,
aircraft, and printing. You and your customers benefit from our experience, knowledge and financial strength.