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. All of the oilfield equipment in our web page at www.oilwell.com  can be obtained through our leasing program.


WHY LEASE?
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.