Matt Kennedy of MRK Leasing briefly presents the benefits of leasing versus a cash purchase, real-world examples and what you need to consider before leasing technology products for your organization. Matt is the Senior Vice President & Chief Operating Office of MRK Leasing, Ltd. He has over 15 years of experience in the equipment leasing and finance industry. Over the last 5 years he has overseen the strategic growth of the company and is responsible for the overall sales/marketing and operation departments of the company.
Benefits of Leasing:
The ability to trade in equipment before it becomes obsolete.
A lease can lock in the rates that exist on the date of the closing.
Leasing allows you to hold onto your cash, or working capital, so it can be used for other areas of your business.
Equipment financing can help mitigate the uncertainty of investing in a capital asset your business needs until it achieves a desired return.