To give an example of how a leasing can help businesses with their cash flow as well as the added benefit of tax deductions, see the Analysis below.
1 ) Equipment Cost: $15,000.00
2 ) Monthly Lease Payment Equipment Cost: $375.00
3 ) Annual Gross Cost ($357.00 x 12mo): $5,625.00
4 ) Tax Deduction (Estimated 40% of Annual Gross Cost): $2,250
5 ) Net Annual Cost (Annual Gross Cost minus Tax Deductable Amount): $3375.00
6 ) Net Cost per Month (Net Annual divided by 12): $281.25
7 ) Net Cost Per Day (Net Cost Per Month divided by 22*): $12.78
8 ) Net Cost Per Hour (Net Cost Per Day divided by 8**): $1.59
*22 is average business days in a month (you can adjust for your schedule)**8 hours, based on the average business scheduleContact Information
Direct Line - 443-569-6860
Website - www.yourprocessingcompany.com
Email - Info@YourProcessingCompany.com
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Twitter - @YourProcessing
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