Here are some things to think about when considering an equipment purchase via cash, a lease or a loan

Liquidity: The #1 reason businesses fail is due to lack of liquidity. Maintaining ample cash balances in your checking account should be a top priority for a company of any size. Leasing allows you to conserve your cash for times when you need it most.

Convenience: Unlike banks, Priority Leasing will not burden your company with excessive reporting requirements.

Quick Turnaround: If your company is like most, timing is everything. Who has time to undergo the lengthy and burdensome credit approval process required by most banks? Upon receipt of your credit application, you can expect a response from Priority Leasing within 24 hours.

100% Financing: Conserve your line(s) of credit to support your accounts receivable, inventory and other working capital needs. Leasing can provide 100% financing, allowing you to acquire the equipment you need without a major cash outlay.

Tax Advantages: Leasing provides your company with substantial tax advantages you can't achieve when you pay with cash or finance via a traditional bank loan. Don't wait - maximize your tax benefit this year via the recently modified IRS Section 179 allowing businesses to write off up to $108,000 in leased equipment.

Off Balance Sheet Financing: Leasing is the perfect tool to acquire new equipment without further leveraging your company's balance sheet.

Fixed Payment: You will not need to worry about the rising cost of money. Now is the perfect time to lock in a low monthly lease payment.

Establish Credit: As your business grows, you will need to either trade up or acquire more equipment to meet your increased demand.

Flexible Payment Options: Leasing is an extremely flexible financing tool. Unlike bank loans that only offer fixed, level payments, leasing can offer flexible payment options.

Conserve Bank Lines: If your company has been successful in establishing a borrowing relationship with a local bank, why use up the available funds on an equipment purchase that is easily financed via leasing?

Used Equipment: Often banks are only interested in financing new equipment purchases. While it may offer you an added opportunity, used equipment often presents added challenges to bank lenders who are typically less familiar with the useful life and resale values associated with used equipment.

We used Priority Leasing for a recent remodel of our Subway Franchise. The transaction went smoothly and didn't require a lot of paperwork. We were very pleased with the accessibility of Doug by phone and e-mails, and his commitment to follow through with the transaction making sure everything went according to plan. Doug and Chris made it happen with ease! I would recommend Priority Leasing to other franchisee's!

-- Mike & Maggie Kerns Franchisee's in Salem, Oregon since 1999

We have worked with Tania Hawkins and Priority Leasing on two different leasing projects this year and both times it was a pleasure to deal with the company. Tania was always pleasant, knowledgeable and willing to go out of her way to get the deal done in a manner that was in our best interest. We look forward to future dealings with Tania and Priority Leasing.

-- Dave Cramer, Controller, Anchor Group, Inc.

I would like to express my gratitude to Priority Leasing and its professional staff for helping us with our equipment leasing needs. Despite a number of obstacles in the financing process, Priority was able to work with us and find a solution that was beneficial to our situation. Priority was able to meet our needs in a timely manner while treating us with respect and professionalism and unwavering patience. I would recommend Priority to anyone looking for lease financing.

-- William Tushinski, Chief Financial Officer Wound Technology Network