The Wirt-Rivette Group

Leasing Statistics

Don't buy equipment, lease it... Don't just take our word for it; look at the following leasing industry statistics:

According to the U.S. Small Business Administration...

85% of all companies lease equipment.
89% of those companies will lease equipment again in the future.
75% of all companies that lease indicate that leasing is their average-to-best means for financing equipment purchases.

According to the USDC...

$800 Billion - total equipment anticipated to be acquired this year.
$560 Billion (70%) - acquired via financing.
$264 Billion (33%) - acquired via leasing.

Benefits of Leasing Include:

WORKING CAPITAL AVAILABILITY

Growth oriented companies need working capital to grow. Avoid large down payments or credit line reduction. An affordable monthly lease payment makes sense.

MAINTAINS BORROWING CAPACITY

Leasing allows you to acquire equipment without affecting your current banking relationships and reducing your borrowing power. Your current credit lines are left intact.

WORKING CAPITAL LEASE

Leverage the equity you hold in your equipment or real estate by refinancing them through a working capital lease. Better utilize your assets to provide the working capital you need to help your business grow, without using your lines of credit.

ALTERNATIVE TO EQUITY FINANCING

Leasing avoids the dilution of ownership, control, and earnings that equity financing entails.

TAX ADVANTAGES / IMPROVED CASH FLOW

Since lease payments are frequently tax deductible, they are made from pre-tax income rather than after-tax profits, resulting in improved cash flow.

100% FINANCING

Leasing allows the financing of freight, installation, handling, training and other costs that cannot normally be financed.

RESISTS INFLATION & INFLATION RATE INCREASES

Since lease payments are fixed, there is no worry about increasing interest rates. Leasing also helps avoid the affects of inflation, since the payments are made in "tomorrow's" dollars.

AVOIDS OBSOLETE EQUIPMENT

With leasing, you pay to use the equipment, not to own it. At the end of the lease, you do not have to worry about disposing of obsolete equipment.

OUR COMMITMENT

Your company is unique. We recognize that and customize programs to reflect those realities.

Wirt's focus is on growth and solutions for your firm. Our long-term orientation and unique solutions for customers are a key benefit to working with us.