DESIGNING SOLUTIONS FOR NOW THAT ARE READY TO SHAPE THE FUTURE. THIS IS NEXXIS.
HomeKnowledge CentreLatest News

FAQ: Why lease when we have a good credit line?

VT150

Answer

A line of credit is limited and often has significant additional costs associated with it. Typically a line of credit has to be secured by high-quality assets for every dollar borrowed.  This makes it a limited resource that should be kept in reserve for items that cannot be financed any other way. Lines of credit are also usually short-term funded, so there is a substantial risk of interest rates going up over time.

Nexxis offers leasing rates are fixed over the entire leasing period, which makes forecasting and budgeting much easier.

Facebook_07

Join our mailing list // Discover a world of forward-looking solutions designed to shape the future. Ready?