Def: Leasing

/lēs/
Verb
gerund or present participle: leasing
  1. grant (property) on lease; let.

Electro-Tech is proud to present lease-to-own options on all of our systems including custom systems. Lease-to-own offers our Customers an opportunity to automate their machining center operations without the need for significant capital. With our lease-to-own plans Customers pay a monthly lease. Leasing offers the following advantages over outright purchasing;

  1. You own the equipment at the end of the lease
  2. No capital outlay
  3. No need for corporate approval as you would with a capital project.
  4. In most cases due to Section 230 tax write-offs are significantly greater than the monthly lease offering immediate profits.
  5. Capital equipment is not carried on your books which could otherwise effect your companies ability to borrow..