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

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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)
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 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
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CheckMate Lasers   The Difference Between a Loan & a Lease

Pros vs. Cons
  • Loan(-) A loan requires the end user to invest a down payment in the equipment. The loan finances the remaining amount.

  • Lease(+) A lease requires no down payment and finances only the value of the equipment expected to be depleted during the lease term. The lessee usually has an option to buy the equipment for its remaining value at lease end.


  • Loan(-) A loan usually requires the borrower to pledge other assets for collateral.

  • Lease(+) The leased equipment itself is usually all that is needed to secure a lease transaction.


  • Loan(-) A loan agreement usually includes restrictive covenants that require the customer to maintain certain financial ratios that may restrict the customer's ability to borrow future funds. In the event the customer violates one or more of the covenants, the lender has the right to demand payment in full of the outstanding loan amount even though the loan payments have been made on time.

  • Lease(+) A lease does not contain restrictive covenants that limit the lessee's ability to borrow future funds. As long as the lessee continues to make their lease payments, the lessor can not disrupt the lessee's use of the equipment or demand the immediate payment of the outstanding lease payments.


  • Loan(-) A loan usually requires two expenditures during the first payment period; a down payment at the beginning and a loan payment at the end.

  • Lease(+) A lease requires only a lease payment at the beginning of the first payment period which is usually much lower than the down payment.


  • Loan(-) The end user bears all the risk of equipment devaluation because of new technology.

  • Lease(+) The end user transfers all risk of obsolescence to the lessors as there is no obligations to own equipment at the end of the lease.


  • Loan(-) End users may claim a tax deduction for a portion of the loan payment as interest and for depreciation which is tied to IRS depreciation schedules. >

  • Lease(+) When leases are structured as true leases, the end user may claim the entire lease payment as a tax deduction. The equipment write-off is tied to the lease term, which can be shorter than IRS depreciation schedules, resulting in larger tax deductions each year. The deduction is also the same every year, which simplifies budgeting (Equipment financed with a conditional sale lease is treated the same as owned equipment.)


  • Loan(-) Financial Accounting Standards require owned equipment to appear as an asset with a corresponding liability on the balance sheet.

  • Lease(+) Leased assets are expensed when the lease is an operating lease. Such assets do not appear on the balance sheet, which can improve financial ratios.


  • Loan(-) A larger portion of the financial obligation is paid in today's more expensive dollars.

  • Lease(+) More of the cash flow, especially the option to purchase the equipment, occurs later in the lease term when inflation makes dollars cheaper.

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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.

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