Shoring Equipment Rentals

Leasing Shoring Equipment 

The primary advantage of leasing Trench equipment is that it allows you to acquire assets with minimal initial expenditures. Because equipment leases rarely require a down payment, you can obtain the goods you need without significantly affecting your cash flow.

Leasing equipment is a great way to use the latest technology and guard against obsolescence. Operating lease: Terms for these leases can be from 1 to 5 years. These leases offer low monthly payments and can be converted to fair market purchases at any time.

Types of Leases

Acquisition lease: Acquisition leases are available for customers who would like a financing equipment they wish to own. Terms for these leases are also from 1 to 5 years. The buyout for these leases can be a fixed residual determined at the beginning of the contract or a low as one dollar with higher monthly payments during the term.

Flexibility: Many companies will work with you to determine the best lease arrangement for your needs. They can design various features such as unique payment schedules, equipment add-on or upgrade options and master schedules.

Advantages of Leasing Shoring - the main advantages include:

Capital conservation

Less Documentation

Low Down Payment

Low Maintenance Costs

Tax Write-off

New Technology/Obsolescence

Other Possible Leasing Terms

Leasing does not impact your financial statements, so your borrowing potential (through traditional bank financing) is not reduced, as it would be if you borrowed to make a purchase. It will make your equity-to-debt ratio look better. Also, lease payments are usually considered "pre-tax" rather than "after-tax." This means that you can write off payments for tax purposes, whereas when borrowing you can usually write off only the interest paid. Consult with your accountant or financial adviser for all tax consequences of leasing.

When structuring a lease during times of rising interest rates, try to obtain fixed, monthly payments over the term of the lease. Not only will this protect you from inflation, it will also allow you to project future cash outlays with greater accuracy. Adjustable-rate leases and loans put you at the mercy of rising interest rates, whereas a fixed-rate lease will lock you into a specific interest rate.

Disadvantages of Leasing Shoring Equipment

Leasing business equipment has two main disadvantages: overall cost and lack of ownership.

Another downside to leasing is that you are obligated to make payments for the entire lease period even if you stop using the equipment. Some leases give you the option to cancel the lease if your business changes directions and the equipment you leased is no longer necessary, but large early termination fees always apply.