Leasing & Rentals
Rental Equipment for Any Utility Project! Have a need for rental units now or in the near future?
Call now or click here to view the current rental availability listing .
Versalift East offers some great options for you to save money, read about them here:
 Aerial Bucket Lifts |
 Boom Trucks |
 Bridge Inspection Equipment |
 Chip Box Trucks |
 Chippers |
 Digger Derricks |
 Dump Trucks |
 Sign Cranes |
 Pole & Reel Trailers |
 Pressure Drills |
 Undeground Equipment |
 Wire Pullers & Tensioners |
Lease to own financing available on all new & used equipment. Extremely competetive leasing rates with 3 - 8 year terms.
Benefits to Leasing: What’s in it for your business?
| Leasing conserves capital Capital is best used for income-producing investments, not necessarily equipment. With leasing, the problem of equipment vs. capital is solved. Businesses get use of the equipment while capital stays where it belongs — working for the company. |
Leasing simplifies accounting Leasing offers off-balance sheet financing in some situations. Accounting for a true lease agreement becomes little more than a matter of recording payments, thereby reducing accounting costs. (For further details consult a tax advisor.) |
| Leasing keeps equipment up to date Purchasing equipment is not only expensive but, overall usage may increase or equipment needs may change in a few years. Leasing provides the ability to upgrade to the most current equipment as these needs change. |
Leasing provides 100% financing Leasing may include the entire equipment cost plus insurance and maintenance in the lease. Leasing often provides 100% financing, requiring only an advance rental payment, thus eliminating such lender requirements as a down payment or a compensating balance on deposit. |
| Leasing protects other credit sources When leasing is used to acquire equipment, businesses are less dependent on other conventional credit lines, which can then be used for other income-producing activities or investments. |
Leasing provides a hedge against market fluctuations The lease signed today remains fixed in today’s dollar and at today’s rates. As a result businesses are better able to budget future operating expenses. |
| Leasing has tax advantages Within the Federal Tax reform Act of 1986, treatment of certain “preference” items raises the possibility of the Alternative Minimum Tax (AMT). Leasing may provide a means to minimize or even negate the impact of the AMT. (For further details consult a tax advisor.) |
Leasing offers unmatched flexibility Equipment may be acquired piece-by-piece, lease-by-lease or can be tied all together in a Master Lease. Leasing provides for the option to purchase, upgrade, return or extend an equipment lease< at the end of the term. |
| Leasing simplifies equipment replacement With leasing, possession of and responsibility for the equipment is only for the lease term (unless the equipment is purchased at the end of the term). Leasing eliminates the need to sell or store the equipment at the end of its economic life cycle. |
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