Toro Financing will provide more financial flexibility to manage your business.
Toro Financing now offers both operating and capital leases for irrigation systems. Click here to find out more.
Financing solutions customized for you.
To be successful, you need to acquire the best equipment and do so within budgetary constraints. Toro Financing helps you acquire the right equipment now.
Cash Management:
lower monthly payments
100% financing including taxes and installation
improve your cash flow
protect against inflation
preserve your capital
Flexibility and Convenience:
variety of end-of-lease options: re-lease, purchase or return
flexible pay schedules, including skip payments
customized offerings to meet unique needs
minimal documentation
Accounting and Tax Considerations:
potential for "off-balance sheet" treatment
tax lease payments fully deductible as operational expenses **
special tax incentive(s)*
increased return on assets
lower debt load
Capital Requirements:
retain capital for alternative uses
bank lines remain open for short term borrowing needs
provides freedom from budget limitations
Technological Considerations:
hedges against equipment obsolescence
provides flexibility to upgrade as equipment needs change
* Take advantage of special tax incentives currently available for equipment acquisitions. You may be able to take advantage of bonus depreciation and enhanced Section 179 ("Small Business Deduction") for equipment installed through 2004. Please contact your tax advisor for details and qualifications.
** Fair market value leases applicable only to satellite and controller.
Toro Financing - Call your local distributor at 800-803-8676 x147.
