Benefits of Leasing
Leasing offers numerous advantages over other types of financing.
9 Reasons to Lease Your Equipment
Tax Advantages
Leasing delivers substantial tax incentives unavailable with cash purchases or traditional loans. Under IRS Section 179, businesses can write off up to $1,160,000 in leased equipment—or deduct 100% of each monthly payment as an operating expense.
Retain Capital Strength
Acquire the equipment you need now while keeping payments affordable. A lease is not classified as long-term debt and does not appear on your balance sheet, making your company more attractive to traditional lenders when you need them.
Avoid Obsolete Equipment
Stay ahead of the technology curve. Leasing lets you build upgrade options and add-ons directly into the agreement so you are never stuck with outdated hardware, software, or machinery.
Quick Approvals
Get up to $100,000 with a simple one-page credit application—no financial statements required. Submit online and receive an approval decision within 24 hours.
Used Equipment Accepted
Many banks refuse to finance pre-owned equipment. Destin Financial Services works with 50+ lenders to structure competitive payment options for most types of quality used equipment.
Liquidity
Insufficient cash flow is the leading cause of business failure. Leasing preserves your cash reserves—keeping sufficient balances available for day-to-day operations and unexpected expenses.
Convenience
Bypass the paperwork burden of a traditional bank loan. No three years of corporate and personal tax returns to gather—just a straightforward application that gets you funded fast.
Capital Budgets
Operating within strict monthly or annual budget constraints? Leasing lets you acquire the equipment you need while keeping expenditures predictable and well within approved limits.
Establish Credit
As your business grows, you will need more equipment to meet increasing demand. Each lease completed through Destin's lending network builds a track record that makes future financing faster and easier.
Ready to take advantage of these benefits?
Apply in minutes with a simple one-page credit application. Up to $100,000 requires no financial statements—approval in 24 hours.
Apply Now