WHY LEASE WITH OLG?

100% Financing – One of the most beneficial reasons for leasing is that a lease includes all costs to obtain equipment and therefore does not require a down payment or additional collateral.

Capital Conservation – Capital is difficult for a company/organization to obtain and maintain. Any reduction in cash that does not have corresponding expense will offset net worth.

Lower Effect of Upfront Expenses – When equipment is purchased, most up front costs such as installation, set up costs, transport, etc. are immediately charged as an expense and have an immediate impact on that months profits/donations. One of the largest amounts immediately affecting margins is the sales tax from the purchase. In a leasing structure with OLG, all these costs are included in the lease payment and amortized over the lease term causing those expenses to be paid with future dollars instead of current funds.

Expense Control & Cash Flow – Controlling when and how expenses are taken for book accounting purposes is a good goal for any organization.

Matching Budgets – Leasing allows for flexibility and lease payments may be matched to budgetary requirements for various territories, assets, and so forth.

Preserves Credit Line and Overall Financial Status of Company/Organization – Leasing leaves line of credit or cash available for other purposes.

Operating / Closed-end lease – Vehicle(s) or equipment is returned to Lessor upon conclusion of lease. Lessor assumes risk of the vehicle(s) or equipment lease end value.

Finance / Capital lease – A lease end value (residual value) of the equipment /vehicle(s) is established at the lease inception. If the residual established is $1, then the Lessee owns the equipment/vehicle(s) at the conclusion of the lease.

Lease Terms – 12, 15, 18, 24, 36 and 48-months, (60-month available for equipment)

Expense Control & Cash Flow – Controlling when and how expenses are taken for book accounting purposes is a good goal for any organization.

Matching Budgets – Leasing allows for flexibility and lease payments may be matched to budgetary requirements for various territories, assets, and so forth.

Preserves Credit Line and Overall Financial Status of Company/Organization – Leasing leaves line of credit or cash available for other purposes.

When a “Master Lease” is in place for a customer, a lease addendum may be prepared swiftly for additional equipment required, thus supporting a faster procurement process. Vehicles/Equipment/Camps may be utilized under the same lease in different countries, and under different projects