Leasing our software. Better than a loan from a bank?

• In a lease, the only collateral pledged is the actual software being leased. Where as, a bank will most likely require major assets (personal residence, building, car, business, etc.)

• For approval on a bank loan, an applicant must submit three years corporate and personal tax returns The corporate returns must show a profit. It's a fact that up to 90% of small businesses would not qualify for bank loans because they fail to show a profit.

• Leasing only requires an applicant to fill out a simple application. A lessee can be approved for up to 75K with an application only. This is much easier and less time consuming than a bank loan.

• Leasing allows for the conservation of capital which may be retained and utilized elsewhere (purchasing retail) to increase profits. Leasing is a predictable budgetary tool since payments are fixed and not subject to the fluctuations of prime rate, as in the case with bank loans. NOTE: All bank loans fluctuate monthly - your payment is never the same.

• Leasing does not require a large down payment which is normally the case with bank loans. NOTE: Bank loans can require up to 40% down payment.

• Leasing is a hedge against inflation. It allows you to receive the benefit of your software today and pay for it with tomorrow's dollars.

• There are no pre-payment penalties when leasing!