LEASING PLAN:
Our leasing proposal is addressed to both corporations and individual collectors. Kontemporary Art makes fine art more accessible by reducing the client’s financial commitment, as well as their investment in terms of time and logistics. Undeniable advantages makes of our leasing plan the most attractive and efficient financial tool to enrich art collections at any level.
Conservation of capital: The capital conserved while leasing art as an operating expense can be utilized for other capital expenditures.
Conservation of credit: A lease is not a loan. Borrowing reduces lines of credit. Leasing is an operating expense and hence, allows the customer increased borrowing capacity.
Off balance sheet financing: An operating lease keeps the debt, and the corresponding asset, off the company’s balance sheet. Therefore, borrowing debt covenants are circumvented, financial ratios are enhanced and borrowing capacity is increased.
Tax benefits: An operating lease may allow 100% of the monthly payment to be included as an operating expense. Bank financing would allow only the interest costs to be included as operating expenses. Check with your tax advisor to determine how this may lower pre-tax income and reduce taxes.
Flexible financing: Leasing provides fixed rate financing with specially structured terms to accommodate the specific needs of the company.
Flexible lease structure: KontemporaryArt offers flexible leasing options to meet business’s unique needs.
Sample plan for artwork priced C$ 3,000.00 before sales tax.
12 month lease 272.79
24 month lease 147.51
36 month lease 104.73
48 month lease 84.24
60 month lease 72.15
C$ 25 buy-out price before sales taxes in the province where you live.
Email or call us at 1-888-468-9646 or 1-403-606-6551 for custom leasing plan.
