Add. Upgrade. Change.
While enhanced technology certainly comes with advantages, budgeting and planning for equipment that will likely change tomorrow can be a business nightmare. That is why many executives decide to lease this type of equipment rather than purchase it.
A simple rule of thumb followed by many is to purchase assets that are more likely to appreciate in value and to lease those that rapidly depreciate. Leasing can help you avoid large cash expenditures and provides the necessary flexibility to add, upgrade or change equipment as needed. A tailored leasing program backed by a strong financial partner can help provide higher operating efficiencies and sound financial management.
Managing Equipment Obsolescence
With leasing, the risk that technology equipment will become obsolete is transferred to the leasing company. Leasing lets you deploy the necessary technology when and where it is needed to achieve your business objectives.
With new technologies flooding the market, your business is continually presented with new opportunities to improve operations. At Winmark Capital, we offer flexible lease terms that help you take maximum advantage of these technologies when the time is right.
Leasing offers you a way to keep your equipment up-to-date while minimizing the impact on your financial resources. When your business is no longer tied to rapidly depreciating equipment, cash, working capital and lines of credit remain available for other capital needs and strategic opportunities.
With an operating-type lease, rental payments made are a tax-deductible expense. Plus, as your leasing company, Winmark Capital is responsible for invoice reconciliation, payments to suppliers and determination and payment of applicable property, use and sales taxes on your behalf.
With a well-structured flexible lease, forecasting and monitoring your company’s budget is simplified. In addition, you can upgrade or modify equipment at any time during your lease while minimizing the impact on your operating costs.
Your account will always be supported by both a dedicated territory manager and an experienced account manager. This cooperative administrative effort allows you, your vendors, and Winmark Capital to efficiently do business together.
Winmark Capital’s account management team provides implementation and project management support that is unparalleled in the leasing industry. Our highly trained and skilled account managers form a partnership with you, providing a long-term collaborative relationship. Your dedicated account manager increases the level of efficiency in the management and installation of your technology requirements.
What They Are Saying
“What most attracted me to Winmark was the quality of their people, their sincere desire to work with us on a long-term basis and their creative approach to helping us solve real business problems.”
Fast Growing Retail Company