Tri·Com Incorporated offers a variety of leasing programs to assist you
in obtaining your telecommunications equipment. Regardless of whether you have a start up company or a well established corporation, Tri·Com is aware of the how critical communications are for your business, and will work to find a financing plan that works within the confines of your budget. Included are fair market value leases, buy-out leases and municipal leases. Our staff provides courteous and convenient service while obtaining the best financing plan and rate to match your needs.
FLEXIBLE PAYMENT ARRANGEMENTS
If you have a seasonal business or a business that expects to grow in the future, Tri·Com can develop a financing plan to coincide with your cash flow.
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| If you do 60% of your business during 30% of the year, we can design a lease payment plan that exactly fits your special situation. | If you need equipment today, but can't afford a full lease payment until some time in the future, the flexible pleasing plan can help you achieve your goals. With this plan, you can have the equipment needed now with lease payments that are adjusted to the expected rate of growth of your business. |
20 REASONS TO LEASE YOUR TELEPHONE SYSTEM
| 1. | Use of Equipment. Leasing is the use of an asset. No business pays its employees' salary in advance, they pay people as they contribute. It should be no different with a contributing asset like business equipment. Leasing enables you to pay as you use. |
| 2. | Fixed Payment. Monthly payments on a lease are generally fixed for the entire term of the lease. This is a distinct advantage in times when many financing transactions have floating interest rates. Knowing in advance what your payments will be enables you to budget and manage equipment dollars for a long time. |
| 3. | Longer Terms. Many bank only lend money short term, usually 12 to 36 months. In lease arrangements, the term can be as long as 60 months, and in some cases even longer. |
| 4. | Protection from Obsolescence. Industry analysts say today's equipment could be technologically obsolete much quicker than before, due to developmental advances. This is especially true with computers. |
| 5. | No Down payment. Most traditional financing option require a sizable down payment. On case purchases this can be as much as 20%. No down payment is required on a lease. |
| 6. | 100% Financing. Traditional methods of financing usually do not include "soft" items such as installation or freight. A good lease transaction contains both of these, thereby allowing you to finance the total package. |
| 7. | Flexibility. Leasing provides the lessee with greater structuring flexibility. Aggressive entrepreneur types who find ways to structure lease transactions to fit the needs of their customers typically populate the leasing industry. This gives a lessee the opportunity to make the most of such lease structuring variables as number and amount of advance payment amount, purchase option, etc. |
| 8. | Simpler Than Bank Loans. Leasing programs and procedures are specially designed to take the red tape out of financing capital equipment for business. |
| 9. | Purchase of Renewal Options. Most lease arrangements allow customers the option to either purchase at a stated amount or at Fair Market value, or to renew the lease at a reduced monthly payment. The lease structure determines which of these options is available. |
| 10. | Conservation of Capital. Because of the sizable cash outlay involved in purchasing new equipment, many businesses lease to conserve capital. Money that could be used to buy inventory, advertise, hire personnel is better spent doing just that rather than spent purchasing equipment that is worth less and less as time goes by. If you are in a business where you have important alternative uses for money on hand, leasing always wins out in the "lease versus buy" analysis. |
| 11. | Easier Cash Flow Forecasting. Leasing, which is simply dollars-per-month financing, helps an equipment user fit a monthly payment into their budget. Because payments are fixed, users can intelligently budget into the future. |
| 12. | Ability to Work Within Budget Limitations and Around Corporate Purchasing Committees. Subsidiaries of large corporations or department managers of smaller companies have the authority to acquire equipment they need, but only if it fits within the operating budget guidelines. Equipment via leasing because it allows them to have the use of the equipment (which is all they really want) and still work within operating budget limits. They don't have to go to capital expenditure committees for approval. |
| 13. | Tax Benefits. Just as businesses have done for years, a lessee can usually deduct their monthly lease payment as an operating expense. This clearly reduces the net cost of the lease. It is always best to talk with your tax accountant first. However, leasing is generally advantageous to most businesses. |
| 14. | Special Programs. Marketing and pricing programs can be customized to reflect the financing needs of specific industries. Many managers decide to acquire needed equipment by taking advantage of special promotions and use a lease to fir the cost into the budget. |
| 15. | Master Lease. Businesses with multiple locations or divisions can derive benefits from a Master Lease Agreement (MLA). An MLA is an agreement between the lessor and lessee as to the terms and conditions under which they will do business. |
| 16. | State-of-the-Art Equipment. When dollars are already budgeted, managers who need newer equipment can conveniently acquire that equipment on a dollars-per-month basis since the monthly payment precedent has usually already been established. |
| 17. | Additional Lines of Credit. When equipment is bought with borrowed funds, credit lines with a lender are reduced. When equipment is leased, a business has, in fact established an additional line of credit with its lessor. |
| 18. | Special Advantages of Municipalities. Some leasing companies have municipal lease programs that pass on the benefit of the tax-exempt status of the lessor's income to the lessee in the form of reduced monthly payments. Some of these programs also include a fiscal funding clause, which allows the municipality to cancel the lease contract if funds are not allocated to continue. |
| 19. | Use Lessor for Other Equipment Needs. While some companies have captive finance companies to handle only their equipment, other lessor are in the position to lease just about anything. If you have the good fortune of selecting a full service vendor/lessor, all your equipment from photocopiers to fork lifts, can be handled by someone with thom you have already developed a business relationship. |
| 20. | Preserve Your Existing Cash Flow. Leasing your new machinery and equipment will allow you to allocate your existing cash flow to respond to new business opportunities. The profits generated from the productivity of the equipment are usually greater than the lease payments. |
For further information e-mail Tri·Com Incorporated, or call us at
1-800-Buy-Phones
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