• You only pay for what you use – your rental cost is based on how many hours you expect to use it. When you buy a forklift, you pay for 100% of the equipment whether you use it all day every day, or less than ten hours a week.
• Maximize your available credit – when you finance equipment, it can reduce your ability to borrow. Leasing keeps your credit line clean.
• Lease payments are tax deductible – lease payments are considered an operating expense and can reduce your tax liability.
• Generate profit by selling unused machines - many functions keep your machines on standby to meet seasonal needs. Renting allows you to turn infrequently used equipment into capital.