Leasing Information

Mile-X Equipment, Inc. offers effective, simple, leasing programs to assist our customers with the purchase of their new equipment.

LEASE v. CASH PURCHASE vs. BANK LOAN

What method is right for you?

Can I...	Lease Financing	Cash Purchase	Bank Loan
acquire equipment without a substantial cash outlay?	Yes	Yes	No. Most banks require a large down payment
upgrade or add equipment without difficulty?	Yes	No	No. Most banks require reapplication for another loan
match payments to my current cash flow?	Yes	No	No
avoid affecting my bank lines of credit?	Yes	N/A	No. In fact, they will be affecting it a great deal.
delay payments until after the equipment begins to pay off?	Yes	No	No. Payment required right away.
get approval for financing in one day?	Yes	N/A	No. It could take days or even weeks.
deduct all or most of the monthly payments from my taxable income?	Yes	N/A	No

Say YES to leasing! It's economical and flexible, and puts fewer demands on your cash flow.