THE BEST SIDE-EFFECT of leasing Signtronix
More discussion on sign leasing from Signtronix:
Rule 2) most important of all, leasing is designed for capital investment to be paid partially by tax incentives authorized by the Tax Code. With that in mind, one must be mindful that tax evasion is a felony; and, one could land in jail. On the other hand, tax avoidance is GOOD BUSINESS and authorized by the IRS with the full sanction of the U.S. Congress to help businesses make capital purchases that stimulate the economy.
THE BEST SIDE-EFFECT of leasing that is most often overlooked is that a lease does not affect a borrower’s ability to qualify for other loans. Only a single monthly payment is reported as a liability against the borrower. So, when a client says he can’t buy a sign today because he’s trying to qualify for a big loan, let the client know that the sign will only cause a $100 liability (or whatever the monthly lease price is) if he leases the sign.