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"Leasing" your Office Furniture May Make Sense!

CUSTOMER BENEFITS OF LEASING

Furniture Leasing can be a powerful financial tool that can help you quickly and easily afford and pay for the furniture you want. If you are leasing on behalf of a business – leasing can help you run and grow your business.

In almost every case, companies lease furniture in order to add and / or upgrade. Leasing can help you add additional benefit by helping you better manage your cash flows resulting in the most effective operation possible.

Financial Considerations

Leasing has a significant positive impact on cash flows and working capital. Leasing your office furniture frees up your cash resources to be used for other purposes. In addition, the lease term can be structured to cover the furniture's useful life.

Accounting Advantages/Tax Benefits

If you are purchasing on behalf of a business and your business is growing so quickly that it’s putting a strain on your cash flow, leasing office furniture through Dominion Furniture Rental, rather than purchasing office furniture, often makes good business sense.

Flexibility into your Financial Statements

Most leases will allow you to write off the full payment.

The cost of the furniture will not appear on your balance sheet and therefore will positively impact your balance sheet ratios (including capital tax charge in certain cases).

Leasing will also spread your sales tax as the sales tax is charged on lease payments and not all at once, as it is if you purchased the furniture.

Leasing Offers Flexibility to businesses

With a variety of leasing options, Dominion Furniture Rental can approve deals within a couple of hours. You'll be able to maintain your competitive edge and not be left owning unused furniture at the end of a job or contract.

In addition to the best service, lowest interest rates and the quickest approvals, which differentiate Dominion Furniture Rental from our competition, you will have the flexibility to control the turnover and cost of your office furniture. For example, you can respond to market upswings by:

• Quickly acquiring new office furniture when it is needed

• Getting a lease approved in a couple of hours (banks often take days – or weeks)

• Upgrading your office furniture

• Making small monthly payments rather than take a loan or have a huge cash outlay.

Leasing improves productivity, profitability and cash flow.