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������ ��������T ����� H ������� E HANNA ������ G���������� R���������� O���������� U��������� P |
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Vending Equipment Sales & Service |
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� Let�s look at this another way.� What if you paid cash for the equipment? |
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� You would need to generate $ 30,000 income to pay cash for a $30,000 piece of equipment.� And in addition, you would need to generate an additional $ 7,200 worth of income to pay a 24% (assumed) income tax on the required income.� Your total earnings would be $ 37,200. |
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� This means to pay for a $ 30,000 piece of equipment, and earn enough to pay the taxes on the income, it would cost you $ 37,200 in pretax dollars. |
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Leasing Does Make Sense! With leasing you make your payments with PRETAX dollars.� That means if you spend $30,000, it only cost $30,000, not $ 37,200.� When you look at the true cost of money, including taxes, leasing could save you $3,420.� That is the $ 7,200 you could pay in taxes, minus $ 3,780 cost of this lease not to mention the lost interest you can earn on $30,000.00 over the 60 month lease.
Could you use a $ 3,420 savings? |
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Charles Hanna further expands upon the subject of financing in his book:� THE VENDING INDUSTRY - History, Secrets, Trends, Opportunities, Scams. |
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HANNA OFFERS ����������������������������� ����������������������������������������������������� WINNING REASONS CUSTOMERS SHOULD LEASE |
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1) 100% Financing:� Without touching your cash reserves you can have new profit making equipment, and use your cash for working capital. |
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2) Preserves Credit Lines:� With leasing you keep your credit lines liquid for capital intensive needs such as; additional personnel, building expansion or improvement, and inventory.� |
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3) Tax Benefits:� In many cases lease payments can be a monthly expense item, giving you greater flexibility at tax time. |
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4) Flexible Payment Plans:� By leasing you can structure your payments to fit your budget.� When you know whatever you budget.� When you know what your monthly capital outlay is going to be on a consistent basis you can better plan for future growth in your company. |
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5) Allows Equipment To Pay For Itself:� Would you pay an employee their salary five years in advance?� Of�� ����� course not.� But when you pay cash for equipment you�re essentially doing this.� Allow the equipment to pay for��� ����� itself as you use it. |
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6) Obsolescence Protection:� With all the advances in technology equipment can become obsolete within a few� ������ years with a flexible lease program you can keep your equipment up to date and stay ahead of the competition. |
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7) Fixed Payments:� Our lease is not subject to cancellation or recall without notice unlike most traditional bank ����� borrowing.� Also, a change in interest rates does not affect your established lease rate. |
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8) Increase Purchasing Power:� By leasing your equipment you can expand your credit ceiling for future bor-���� ������ rowing needs. |
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9) Simple Credit Process:� A one page application is usually all that is needed to get the credit process under- ����� way.� Most decisions can be reached within 24 hours. |
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10)�� IF IT APPRECIATES BUY IT!� �� IF IT DEPRECIATES LEASE IT!! |
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� Go to next page for the Hanna Leasing Application |