Tools for Lease

For someone looking to invest in new tools for their lawn and garage, it may be a better idea to rent tools rather than purchase them outright. Professional-grade power tools can be expensive and are not accessible for all people and all budgets. If you are interested in adding new tools to your arsenal, we would like to offer you a great selection of brand-new tools for a lease, no matter what your credit. Our tool selection is wide and varied, encompassing everything from car mechanic toolsets to carpentry tools to outdoor equipment. We pride ourselves on offering products from the best brands at the most affordable rates. If you choose to rent tools through our leasing program, you can add top-quality equipment to your garage at a fraction of retail prices. Our goal is to give our customers an affordable way to access the products they need.

When we say our line of available tools for lease is varied, we mean it! For common garage tools, we offer mechanic tool sets and professional tool chests for safe and efficient storage. We also have a wide selection of excellent cordless power tools perfect for daily maintenance, including various battery-powered saws and drills. We also offer outdoor tools and equipment, from leaf blowers, snow blowers, lawn mowers, and log splitters to generators, pressure washers, and even swing sets for your children! If you need it, we have it! We proudly offer products from trusted tool brands like DeWalt, Milwaukee, PowerSmart, Husky Mechanics, and Sportsman. We put effort into updating our product offerings with the newest equipment as it’s released.

When you rent tools through our leasing program, you can trust you are receiving the best products at the best weekly rates. Affordable pricing is one of the cornerstones of our system. You can rest assured your credit will not be affected by any leasing agreements. All you need to qualify for a lease is a steady income and an active and healthy bank account, and good credit is not needed in eligibility. So, you can rent to own tools with no credit at great rates without worrying about your budget or credit! What could be better than that?

Why lease equipment instead of buying?
Quality tools can be prohibitively expensive. Leasing tools and equipment is a great alternative to purchasing outright because it spreads out the total cost of the items. If you cannot pay the equipment's lump sum amount, the lower monthly payments should fit into your budget much easier. Renting tools will be more expensive in the long run because leasing companies charge interest on rentals, but this plan is much more affordable on a month-to-month basis.

Are tool lease payments tax deductible?
Typically, yes, but only if you use these tools as part of your business. If you are leasing tools and equipment for this purpose, the lease payments qualify as business expenses. So, when you file your annual tax return, you can list this amount as a tax write-off. But when doing this, be sure these tools are only used for business purposes. If leased tools and equipment are used for personal and business use, then the payments do not qualify as tax-deductible.

How do I lease equipment for my business?
Start by finding a reputable leasing company that carries the equipment you're looking for. Then, apply for leasing eligibility using your business information and corporate bank accounts. Once you are approved, be sure to make all lease payments from a business account. At the conclusion of the equipment lease, and depending on the lease terms, the tools and equipment will be fully owned by your business as assets, or you can return them for updated or different equipment.