Commercial Leasing Options
Start earning MicroFIT revenue with $0 down!
NOTE: Leasing options are for businesses only – homeowners should contact us for more information on our Residential Financing options.
Here are 3 different leasing scenarios based on an $80,000 Solar Power System that produces approx. $10,000 per year in MicroFIT revenue.
Numbers are approximate for illustration purposes.
Interested in a commercial lease for a MicroFIT Solar Power System?
Contact us today!
Why Lease?
Leasing is a business-friendly and cost-effective way to finance up to 100% of your equipment.
Conserve Your Cash
Leasing allows you to conserve cash and leverage up the buying power of operating or capital budgets and overcome budget limitations.
100% Financing = $0 Down
Unlike other forms of financing such as a loan, you typically do not make any down payment on a lease and software, installation and warranty may be included.
Preserve Lines of Credit
Valuable cash and lines of credit are preserved to grow your business – leasing allows you to maintain a steady budgeted cash flow. No one in business experiences financial difficulty because they have too much cash on hand.
Potential Income Tax Benefits
In many instances, leasing provides income tax benefits and the assets do not appear on the balance sheet. Debt to equity ratios are unaffected. Office equipment leases can be written off entirely as a rental expense.
Match Expenses to Revenue
Leasing allows you to add extra equipment and accessories for very small monthly costs as part of the lease. As an example, you can add additional consumables or supplies and accessories up front into the lease to be carried over the long-term. This allows you to buy additional items or supplies you will need to maintain or use the equipment and cover them in the lease payments at present value.
No Pre-Payment of Taxes
The GST and PST on rentals is paid over the term of the lease; you do not prepay these taxes in full up front.
Tailored Payments
Repayment can be tailored to your cash flow and budgeting needs! Often the first 3 months payments are set to zero to allow the equipment to generate income.
Leasing is simple and quick…
EfstonScience will look after the leasing details for you.
Start your application by requesting your FREE Solar Assessment today!