| Equipment Leasing Article |
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Equipment Leasing
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Article published in the April 2006 Wasatch Business Connection
magazine
Conserve Cash, Lease Your Company’s Equipment
By Joshua Case, President/CEO at M.J.M. Capital, Inc.
National Medical & Rehabilitation, Inc., a four year old Florida
company, was in desperate need of new vestibular testing
equipment for the company clinic. After several attempts to get
approved for bank loans with no success, Patrick, the company
president, decided he needed to find a financing alternative so his
company could continue to grow. Without the new equipment the
company, would fall behind their competitors because they would be
stuck using out of date equipment which could have caused them to
potentially lose market share. That’s when National Medical &
Rehabilitation, Inc., turned to equipment leasing to solve all their
capital equipment acquisition needs.
Equipment leasing is a viable alternative that all companies
should consider when acquiring equipment. It is a tool 80% of U.S.
businesses have used at one time or another to acquire equipment.
In 2004, $199 billion in equipment was leased in the United States.
In light of these statistics all business owners should at least
consider equipment leasing as an option when the time comes to
acquire more equipment. As you will see equipment leasing offers
appealing benefits that paying cash, or getting a bank loan, and
giving up equity don’t have!
magazine
Conserve Cash, Lease Your Company’s Equipment
By Joshua Case, President/CEO at M.J.M. Capital, Inc.
National Medical & Rehabilitation, Inc., a four year old Florida
company, was in desperate need of new vestibular testing
equipment for the company clinic. After several attempts to get
approved for bank loans with no success, Patrick, the company
president, decided he needed to find a financing alternative so his
company could continue to grow. Without the new equipment the
company, would fall behind their competitors because they would be
stuck using out of date equipment which could have caused them to
potentially lose market share. That’s when National Medical &
Rehabilitation, Inc., turned to equipment leasing to solve all their
capital equipment acquisition needs.
Equipment leasing is a viable alternative that all companies
should consider when acquiring equipment. It is a tool 80% of U.S.
businesses have used at one time or another to acquire equipment.
In 2004, $199 billion in equipment was leased in the United States.
In light of these statistics all business owners should at least
consider equipment leasing as an option when the time comes to
acquire more equipment. As you will see equipment leasing offers
appealing benefits that paying cash, or getting a bank loan, and
giving up equity don’t have!