Leasing conserves your operating capital by avoiding significant up-front investment in equipment and allows you to maintain liquidity on existing lines of credit.
Unlike dealing with bank loans and other alternative types of financing, leasing is an easy and convenient process. Often, all we require is a one-page application for any request up to $100,000. Lease agreements are typically secured by a UCC1 filing on the equipment, not a blanket filing usually associated with borrowing from a bank.
Your needs may be for a $50,000 lighting retrofit, but your available capital budget only allows for $25,000. With equipment leasing, you no longer have to settle for a partial solution or defer the project and lose out on potential energy savings.