ls leasing your best material handling optio n?

EACED WITH the need to replace or update aging I-'equipment, many material handling managers are searching for the most cost-effective way to acquire that equipment. Now more than ever, the question is whether to buy or lease. Buying new equipment improves efficiency and ultimately increases productivity and profits. On the other hand, it also ties up capital.

One way to conserve capital while still adding new equipment is through leasing. It is estimated that as much as 85Vo ofall material handling equipment today is acquired through some type of financing agreement.

A number of new financial options are available today from independent companies. These flexible leasing agreements allow companies to use the latest equipment while conserving cash and obtaining tax benefits.

There are four major reasons companies choose to lease: