Compare Your Options
Loan, lease or line of credit? It helps to take a side-by-side look at your various financing options as you make decisions for your business. Compare financial products here.
|
|
Finance
|
Operating
|
Working
|
Revolving
|
Who has ownership? |
You do, at the end of the contract |
You do, but you have the option to return at lease-end |
We do, but you have the option to purchase at lease-end |
You have immediate access to cash for any business need |
You can access funds quickly with a simple request |
Am I building equity? |
Yes, faster than a finance lease |
Yes, but slower than a loan |
No |
No |
No |
Who benefits from tax depreciation? |
You do |
You do |
We do |
N/A |
N/A |
How high or low is my monthly payment? |
Higher |
Lower |
Lowest |
N/A |
N/A |
What is the purchase option? |
N/A |
A bargain option to reduce your payment |
Predetermined fair market value |
N/A |
N/A |
Is there contract flexibility? |
Yes |
Yes |
Some |
Yes |
Yes |
Are there early payoff restrictions? |
No |
No |
Some |
N/A |
N/A |
Who pays personal property tax? |
You do (varies by state) |
You do (varies by state) |
We do, then invoice you |
N/A |
N/A |
Where can I learn more? |
