Portable Paint Booth Financing – Portable Paint Booth’s innovative Revolving Rental & Upgrade Program is a financing agreement where the term of the agreement is shorter than perhaps the actual useful life of your portable spray booth system.
Research shows that most portable spray booths have an effective life of 3-4 year, that is why our ‘Rental Return’ program is so great for your business as you always have the latest upgraded booth with the advantage of our fixed low pricing model for years to come! This article will help you understand the superior value superior value of our revolving rental & upgrade program and determine if our program is right for your business!
Our Revolving Rental & Upgrade Program is most beneficial to companies when:
- Equipment will not be used long-term. It doesn’t make sense to make a large cash outlay for equipment that will only be used for a short period of time, typically 2-3 years when the useful life is 7+ years.
- Your equipment will be upgraded in several years. If technological advances in your industry tend to make your equipment obsolete every few years, a short term lease can help you stay up to date.
- Cash flow is tight. With a rental return program, you avoid a hefty up-front charge, and you can make payments as you generate cash flow with your new equipment.
- You want to protect your balance sheet. An equipment purchase is recorded in your balance sheet, which increase your debt and reduces your available cash. In contrast, our rental return program is not recorded as debt, and is treated as an operating expense for 100% tax write-off!
- You want the tax benefits of leasing. One of the most popular advantages of our revolving rental & upgrade program is the potential tax benefits. A rental return program allows you to deduct your payments as operating expenses during the period in which you pay them. If you purchase equipment, you may be able to deduct the interest, as well as the cost of the depreciation. Consult your tax advisor for which situation is most advantageous for your business.
Bottom line, Portable Paint Booths has created a means for our clients to acquire best portable paint booth system in the market at the lowest upfront cost, lowest fixed payments and the ability to upgrade your system every 3 years! We are excited to disrupt the paint booth industry and save our clients thousands of dollars with our Rental Return Program.
To access our Revolving Rental & Upgrade Program, you can visit our website here: