CLMS has arrangements with a leasing company whereby some or all of the equipment may be leased with very favorable terms.
In addition, CLMS has arrangements with a company to provide an ROI (Return on Investment) guarantee program. This program may be available depending upon implementation of a total Safe Patient Handling Programs and the purchase/lease of equipment.
Advantages of Leasing
- Leasing does not tie up working capital
- A lease is not indicated as a liability on a financial statement
- Conserves credit lines for other use - you do not borrow against bank lines when you using leasing as an option
- Allows budgeted agencies to obtain equipment through their operating expenses when capital funds are not available.
- Eliminates time consuming depreciation scheduling
- Rapid depreciation write-off
- Permits longer terms than lending institutions
- With a Fair Market Value (FMV) lease, you may expense every penny of every payment
- Minimizes inflation risk by paying tomorrow's cost with today's dollars
- Improves ratio: helps keep the balance sheet clean