Lease A Tanning Bed

Buy vertical stand up tanning beds with low monthly payments and low down payment

The decision to lease a tanning bed, or buy tanning beds with low monthly payments is a personal choice. If you are looking to add a stand up tanning bed, they are also available for leasing.

The choice between buying and leasing will depend a lot on how many beds you are looking, what style of beds, and which manufacturers.

Each manufacturer offers various financing and leasing options. If you don’t have a preference to maker, you may want to investigate who has the best choices to suit your pocket book.

If you prefer a specific bed manufacturer then check with several dealers who carry the bed you want to see who can offer you the best financing options.

If you are interested in obtaining a stand up tanning bed, there are some terrific incentive plans being offered as well as affordable leasing and purchasing options.

There are several advantages to leasing:

You can often get into a lease with a lower down payment than when purchasing outright

Your month to month payments can be considerably less.

The end of the lease leaves you with a few options – you can turn the bed back to the leasing company, or pay out the balance.

Leasing allows you to keep your beds quite current.

However, there are also drawbacks to leasing:

Leasing is more like renting. Each month you dump out money but you are not building any equity into the tanning beds

You will never be without a payment. When your lease comes due, you’ll need to purchase another bed[s] on a lease and start all over

Trying to get out of a lease before it expires can be very expensive

There are a couple of more common reasons for leasing beds in a salon. First off if you lease your equipment, it does not show as a liability on your books so it does not affect your debt to asset ratios.

The second most common reason is because you want to have the newest, most improved beds in your salon at all times. Leasing allows you to replenish your beds every few years without having to dispose of old stock.

The third most common reason for leasing over purchasing is poor credit or a debt ratio that is too high to allow for more borrowing. Leasing is easier to obtain because you never own the asset. It also does not affect your debt ratio so it can be good for the books.

Whether you choose to lease or finance, having the latest and greatest beds in your salon will be good for your overall revenue.

lease a tanning bed

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