CheckMate Laser Engraving, Cutting, Marking, Etching systems   (702) 425-7853

Thee Laser Industry Experts!
27th year, since 1990!

XM8 Series (1'x2' > 3'x4' @ 50->150w)
GM Series (4'x5' & 4'x8' @ 80->150w)
Dual Head system (50/50w > 100/100w)
 EXTERNAL LINKS
CheckMate Laser Engraving, Cutting, Marking, Etching systems; Putting the industry in check!

... HOME | INFO | FAQ's | Q&A | COMPARE | *INQUIRIES* | CONTACT | SIGN UP | BLOG | FORUMS ...

 XM8 Lasers
.: LASER SAMPLES :.
GrandMini
CheckMate Lasers XM8 Series GrandMini
150w
130w
100w
King
CheckMate Lasers XM8 Series King
130w
100w
80w
Queen
CheckMate Lasers XM8 Series Queen
80w
60w
Rook
CheckMate Lasers XM8 Series Rook
60w
50w
Bishop2
CheckMate Lasers XM8 Series Bishop2
60w
50w
Knight2
CheckMate Lasers XM8 Series Knight2
50w
GrandMini DH
CheckMate Lasers XM8 Series GrandMini Dual Head
100/100
80/80
60/60
50/50
GrandMaster
GrandMaster Series

4x8
80-150w
LASER ACCESSORIES
 Social Network
Like Us Follow Us Link to us Join Us Subscribe to Us Skype Us

CheckMate Lasers   Lease Benefits Detailed

image-thinker FAST, AFFORDABLE FUNDING AVAILABLE
  • Fast Approvals (Decisions typically within 1-4 hours)
  • Financing for Established, New & Growing Businesses
  • Credit Scores 550+. We can get you funded!
  • Minimum Finance as Little as $1000 and Up
  • Terms Ranging from 1 year – 7 years
  • Non-Business Consumer Programs Also Available
  • Rates Starting at Only 5.99%
  • “No Payment for 90 Days” Program Available
SIMPLE APPLICATION PROCESS

Leases feature simplified documentation, easy credit application, no financial statements in most cases, same day approval times and funding. All designed to get you the equipment you need without delay. Our single page credit application is easy to complete and is all we need to approve most equipment purchases within 24 hours. (Apply Here)

USE NOT OWNERSHIP GENERATES REVENUE

Before seeking out a bank for a loan to buy equipment, consider that there is a difference between ownership of equipment and use of equipment from the perspective of profit generation. The only time that ownership of an asset earns profit is when that asset appreciates in value – like real estate, patent rights; precious metals or collectibles. If it is an appreciating asset, it makes sense to own it. If it is not an appreciating asset, it is logical to gain the use of it for the time that you are going to need it. Leasing facilitates this goal.

BETTER USE OF CASH

Business people are lulled into thinking that paying cash is a good way to acquire equipment because doing so avoids finance charges and interest expense and results in lower total cash outlay. In fact, paying cash can be the most expensive way to solve the problem. There are two main reasons for this:

(a) Liquidity Is critical, you must have reserves. This can become an outright survival issue when slow paying customers, slow sales or unexpected expenses put pressure on cash reserves. On payday, your employees do not want to know how many people owe you money.

(b) Alternative uses of funds If all you are going to do with the cash you conserve by leasing is to put in the bank at 3% or so, there wouldn’t be much benefit. BUT, there are so many other ways you can deploy your cash that offer huge potential returns. For Example:

    • Build a cash reserve in case customers pay slowly
    • Take advantage of quantity buying opportunities
    • Purchase Inventory and other consumables
    • Fund new marketing programs
UPGRADE FLEXIBILITY / REDUCE OBSOLESCENCE

Leases provide the ability to trade-in, upgrade or replace existing equipment that affords your company access to the latest technology.  Leasing allows you to write off the costs of your present equipment as you use it, and to trade up to new technology when the time comes. Leasing is an extremely flexible tool. It can be structured as anything from a rental (think “car rental”) to a time purchase (think “lease to own”). For this reason, there are many different benefits of leasing and an equal number of motives as to why people lease. In today’s rapidly changing high-tech market, equipment can become obsolete in a relatively short time.

GREAT TAX ADVANTAGES (Section 179)!

Under current federal tax laws, it is now possible to “get paid in advance” to add equipment. Small businesses can write off up to $25,000 of equipment the year they put it in service. It is not necessary to depreciate it over several years. By leasing that equipment, you can have the government pay its share in front, essentially getting free use for over a year.

Example: You buy a $100,000 piece of equipment and finance it on a 60 month lease/purchase contract with a monthly payment of about $2200. If you’re in a 34% bracket, your first year write-off comes to $34,000, enough to make the first fifteen lease payments (34,000 ÷ 2200 = 15.45). Direct Tax Expensing For companies not qualifying for or choosing the Section 179 alternative, lease payments are written off as made, eliminating the need for depreciation schedules and allowing faster write off. The result of this is more cash freed up for other uses than would be available in a purchase/depreciate environment.

100% PLUS FINANCING

Get 100% financing plus the additional funds to cover costs. Leases can cover everything you need to make your equipment work for you. This includes software, installation, related leasehold improvements, training and even some supply items. All of this reduces your initial costs to minimal levels, letting you earn profits from your new equipment faster.

FLEXIBLE TERMS

The equipment leasing process allows for greater flexibility when it comes to credit criteria, payment structuring, and equipment changes. As a result, your time and energy are not wasted in trying to obtain equipment needed for your business. At the termination of the lease, equipment can still be used either by extending the lease, rental, purchase (at $1 buyout or fair market value price), or can be credited toward a new equipment purchase.

REDUCE LEVERAGE APPEARANCE!

In most business accounting practices, leasing is not a balance sheet item. Therefore, leased equipment will not appear as an asset or liability on a company’s balance sheet, but in fact, will be treated as an expensed item. As a result, the company will not appear to be leveraged as indicated by a loan liability.

UTILIZE AS A CREDIT REFERENCE!

Leasing offers a company the ability to develop a payment track record. This is especially beneficial to new companies or companies that usually pay cash for all equipment and purchases.

AVOIDING BANK RESTRICTIONS

Leases don’t include blanket liens, restrictive covenants, rate escalator clauses, “call anytime” provisions, compensating balance requirements (a five year 6% loan with a 20% compensating balance requirement actually yields about 15.7%) or any of those other nasty little surprises that tend to be part of traditional lending arrangements.

PROTECTING BANK LINES

Banks are great for short term needs and you should use them in that way. An available line of credit is an extremely valuable tool to address unforeseen emergencies, therefore reducing those open lines by using them to finance equipment can be dangerous. Furthermore, bank terms, appetites and flexibility on equipment transactions range from “less than optimum” to “downright difficult”. Let your bank do what it does best.

PROVEN ALTERNATIVE

Leasing is a well-accepted concept. Over 32% of all equipment acquired in the US is acquired under a lease contract. This makes leasing the single largest form of external corporate finance in the country. Over 80% of companies – from small startups to “Fortune 500? giants – lease some or all of their equipment.

PROS & CONS OF LEASE VS. LOAN

Read an in-depth comparison of what the pros of a lease and cons of a loan are for equipment purchases.

<= Return to Previous Page


 PURCHASE INFO

CheckMate Laser systems  If you can print it... CheckMate can engrave it!

 XM8 CUSTOMER SUPPORT CENTER
“NEW” XM8 Laser Owner
XM8 Step by Step Tutorials
XM8 Troubleshooting Docs
XM8 Layout Tutorials
XM8 Video Tutorials
Software Tutorials
Laser Articles of Interest
Laserable Clipart Related
Laser Industry Links

XM8

<= Return to Previous Page
LECME, inc. Policies & Legalise

CheckMate LasersLECME, inc. - CheckMate Laser Engraving, Cutting, Marking, Etching systems
Warehouse Facility: 3271 S. Highland Dr., Ste 718, Las Vegas, NV 89109
Tel: 702.425.7853 | Fax: 866.712.5279 | Support: XM8 Forums

Email Contact: CheckMateLasers@gmail.com
CheckMate Lasers & XM8 Lasers is a wholly owned laser brand of LECME, inc.

© 2008-2017 LECME, inc. All Rights Reserved