|
Synthetic
Lease
A synthetic lease is an equipment leasing option
that appears as a lease from an accounting
standpoint, but as a loan from a tax standpoint.
Essentially it is not recorded as a liability on
the balance sheet, but as an expense on the
income statement. The result is an
off-balance sheet account of the financing and
the tax benefits that go along with the financed
equipment.
Compare free multiple synthetic equipment lease
quotes with no obligation. You'll receive
multiple quotes and be able to compare to get
the best rates, terms, and service, nationwide.
|
