TIG Financial Services Group Offers Wide Range Of Leasing Options

Manage Your Cash Flow

Leasing Options

TIG Financial Services leasing options for businesses offers you the flexibility to choose the systems you need right now and pay for them through an affordable leasing program. TIG Financial Services leases give you the option to own your systems at the end of your 12-60 month lease terms.

Looking to extend your budget? TIG Financial Services leases let you keep your cash and still acquire capital goods - depending on the lease option you choose.

TIG Financial Services leasing offers several purchase options:

Fair Market Value (FMV) - Delivers the lowest monthly payment of a standard lease
with flexible purchase options at lease end.
$1 Buyout - Choose this purchase option if you want to own your systems at lease end.
10% Buyout - Gives you a lower payment than the $1 Buyout with the added security
of a known purchase option at the end of the lease term.

Customer Benefit of Leasing

Low monthly payments preserves cash flow
Another form of capital
Tax advantages
Preserves existing credit lines
Fixed monthly payments make it easy to budget
Protects against obsolescence

Program	Buy	Finance	Standard Lease
Capital Expenditure	Full amount of equipment cost	Full amount of equipment cost plus finance charges	A percentage of equipment cost spread equally over useful life
Inital Cash Outlay	100% of equipment cost	A meaningful equity investment - usually 20% of equipment cost	Usually none; through rentals in advance are common
Credit Lines	Impact of cash decrease	Decrease in availability	No impact
Operating Capital	Decreased by total cost	Decreased by amount of down payment	Limited to minimal increase in SG&A expenses
Payments	Entire cost paid up front regardless of usage	A portion of the cost and related finance charges	Fixed for them of the lease
Purchase Options	Fully purchased on day one	Included in monthly loan payments	10% or more of the equipment cost paid at end of lease term
Mid term update options	Make another large cash outlay for new equipment, plus pay the cost of old equipment disposal	Pay off loan, pay the cost of the old equipment disposal and get another loan with significant initial cash outlay	Pay total amount of payments for remaining lease term and enter into another lease
Tax Impact	Depreciate over the five years (far longer than competitive life of technology)	Depreciate cost over five years and expense the interest in fiscal year paid (not concurrent with competitive life of equipment)	May be a fully taxable operating expense subject to your accountant's interpretation
Impact On Your Business	Requires large initial capital outlay; depreciation schedule far longer than practical life	Can require significant inital cash outlay; depreciation schedule far longer than practical life; no refresh options during long term	Tax treatment subject to interpretation; no refresh options during lease term

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