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LEASING OILFIELD EQUIPMENT
Oilfield Equipment Services offers
professional lease programs that provide a cost-effective means for oil and
gas producers to obtain income-generating equipment without spending capital
that is needed for operating costs.
Seven reasons you should lease
your equipment from
Oilfield Equipment Services.
WHY LEASE AT ALL?
Leasing is one of the fastest growing ways of financing equipment
in business today. A recent Gallup survey found that 80% of U.S. businesses
lease a portion of their equipment. Companies that use leasing range from
the Fortune 500 to the Family Store.
100% FINANCING
Leasing includes total equipment expense and can include the costs
of delivery and installation. We can even include up to $2,000 for a
workover or rod pulling unit. Your working capital is conserved for everyday
operating needs.
TAX DEDUCTIBLE
In most cases, lease payments can be treated as a pre-tax business
expense and help reduce your taxes.
UPDATE EQUIPMENT
Avoid purchasing equipment that becomes obsolete with rapid technological
advances.
BORROWING ABILITY
Bank lines will remain available and your balance sheet will reflect lower
leverage.
BUDGETING
Unlike many lines of credit with variable rates, lease payments are
fixed for the full term of the lease. Monthly payments are lower than
conventional financing and depreciation accounting is eliminated.
EXPERTS IN THE OILFIELD
With more than 60 years of combined oilfield experience between them, our
leasing associates are well aware of the dynamic needs of companies and
individuals looking to acquire equipment for drilling, oil and gas well
production or servicing and related endeavors. Put their experience to work
for you.
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