Financing
Benchmark AZ has been selling and leasing Sokkia Surveying Instruments, Total Stations, GPS GNSS Receivers Contractors equipment for years and have many possible options for you. Typically the minimum amount is $5,000.00 and the length of time is 60 months. There are many options available including leasing and financed purchase. 0% interest packages are available from time to time.
Benchmark AZ can give you basic information and rates. We have available two independent firms that have been working with surveying instruments for a long time and understand your business requirements. Give us a call to discuss your requirements and we can quote you on a package that fits best for you. Benchmark Bob 480-751-9500
Sokkia Financial Services Julie Dahn Sales Mgr. 888-705-0488, 888-705-7574
Precision Leasing Rodney Blecha 913-962-1830
Did you know? Click for depreciation pdf
Conserve Working Capital:
When financing, you can help conserve your working capital. This will help you meet the day-to-day needs of your business.
Level Payments:
Monthly payments are fixed for the entire term of the contract. This enables you to budget and manage equipment dollars for the months and years ahead.
Hedge Against Inflation:
Pay for today's equipment needs with tomorrow's lower value dollars.
Preserve Bank Lines:
When financing with us, you leave your current bank lines open and available for other uses.
Equipment Pays for Itself:
When financing, the equipment pays for itself as it generates revenue.
Did you know?
A lease, in its simplest form, is a time pay contract, but with two differences: First, Lessor holds title to the equipment during the term of the rental period. Secondly, the client or Lessee has an option to purchase the equipment at the end of the rental term.
Although, many businesses lease due to the tax benefits, there are just as many leases written for small dollars (under $100,000) solely for favorable terms and ease of application and avoidance of using short-term working capital. PrecisionLeasing.com
Lease vs. Loan vs. Buy
Quick facts regarding your financing options
LEASE Advantages
- Depreciation write-off or fully expense payments
- 100% financing and conserves capital. Terms available from 12 to 72 months!
- No financial information typically required (under $75,000)
- Preserves bank lines for unanticipated needs
- Always fixed payments and allowance for early payoff w/o penalty
- Easy add-ons, trade-ups, and flexible billing
- Simple credit criteria based on time in business
- Lease does not reflect on a personal credit report
- Competitive pricing and FAST TURNAROUND (usually same day)
- Not favorable for new business unless properly structured
- Direct ownership and depreciation write-off
- Appropriate when bank lines are rarely utilized
- Excellent for short term borrowing (12 months or less)
- Payments may be variable, and terms restricted
- Covenant restriction; may encumber other assets
- Exhausts credit lines and payments may not be fixed for term
- May require: compensating bank accounts, down payments
- Training, installation, freight, software (typically not financed)
- Financial condition may hinder ability to borrow or renew lines
- No finance charges
- Direct Ownership
- Depreciation write-off
- Attacks cash reserves
- Reduces investment leverage AND compound interest
- No hedge against inflation
- MOST EXPENSIVE after tax option
- Precision Leasing, Inc
