Lease Advantages

LEASE BENEFITS
  

Benefits to the Collector / Why Lease?

Explore your options when acquiring fine art. Collectors who acquire fine art through their commercial or professional enterprise can take advantage of these leasing benefits from CORPORATE ART.

More economical because of the tax advantages of leasing. Considering
the business acquisition of fine art, when the collector pays cash he/she can't depreciate the investment. Lease payments however can be expensed (speak to your accountant). Easy acquisition. With less money up front the acquisition is easy on your (the) pocketbook. Upgrade the acquisition with little increase in up front cost. With less up front you can acquire works of higher value. In addition, many collectors may be in the market for multiple works. These acquisitions can be all included in one monthly payment. Establish a "Lease Line of credit" for future business purchases.
CORPORATE ART can approve a collector for up to half a million dollars in financing for future fine art acquisition.

  

TEN REASONS WHY YOU SHOULD CONSIDER LEASING ART FROM CORPORATE ART FOR YOUR OFFICE OR PLACE OF BUSINESS:

Leasing Allows Freedom Of Choice: You may pick and choose the type of art you desire from our large inventory, or we will acquire an item for you.

Flexibility Of Payment Terms: Lease payments may be tailored to your particular budget. Terms can vary from one to five years.

Leasing Makes More Art Available: Since the art is available with a small monthly payment, you can enjoy more art for a given dollar allocation.

Leasing Improves Your Cash Flow: Leasing provides almost 100% financing (1st & last payment at time of purchase). Lease payments are a very small part of the total purchase price & they are a pretax expense. No compensating balances are required.

Leasing Offers Tax Advantages: Normally, your lease payments are fully tax deductible as an operating expense. As a result, you pay for the enjoyment of your art out of current, untaxed income instead of already taxed profits. Naturally, care must be taken to abide by the IRS guidelines. Your own CPA or tax advisor can provide you with details.

Leasing Offers Fixed Rate Financing: Leasing allows you to know exactly what your expenses will be over the term of the lease.

Leasing Preserves Other Credit Choices: Leasing keeps your bank lines and other sources available to meet your short term and day to day needs.

Leasing Simplifies Budgeting: Budgets can more readily accommodate monthly lease payments than large cash expenses for purchasing assets.

Leasing Helps Art Earn Its' Keep: You expect your employees to earn their pay as they perform. Why not your art. With leasing, you appreciate your art while it is appreciating.

Leasing Offers Purchase Options: At the end of the lease term, you may either acquire the art at a small buy-out figure (10% Max.) or return it to us.

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