TDM provides leasing and financing services for gyms, personal training studio’s, multi-family housing, corporate fitness centers, schools (private and public), municipalities, hotels, country clubs and more. TDM and FIT Leasing have been working together for over 15 years.
According to Prof. Ian Giddy, New York University, “Over 80% of American businesses lease at least one of their equipment acquisitions and nearly 90% say they would choose to lease again.”
Why companies lease? Here are a few of the benefits.
- Conserves cash. Paying cash for equipment does not make you money, having equipment available for use does. Leasing keeps your cash free and allows you to use cash for things that generate revenue for your business.
- Tax benefits. Different types of leases qualify for different tax treatments. A lease can help you create the right tax advantages for you.
- Ease of use. A lease is a simple transaction that is normally completed in a matter of days or less. For non-start ups, the cost is normally just a couple of advance payments. Does not require large down payments or other restrictions on your business as may happen with bank loans.
- Great for budgeting. A lease is a fixed payment. Costs will not rise when interest rates go up.