As Inventory Changes, So Can Your Cost of Storing…
You may need more storage in the beginning and less later on. American Hazmat Locker gives you the flexibility you need without wasting space or out growing your space.
You eliminate the costs and time associated with trying to sell or dispose of an old or unused hazmat storage building. When you’re done with your container, just call us and send it back.
Maintain Strong Borrowing Power
So why rent a hazmat container? In the same way, the Internal Revenue Service looks at rented equipment one way and owned equipment another way, so do banks. They do not see rental expenses as a liability on the balance sheet, so the option to rent equipment maintains stronger borrowing power for a business. Thinking in terms of assets and liabilities, capital-equipment debt or an aging machine could weaken a business’ overall financial picture depending on the numbers and circumstances involved. Pulse, Get the latest and greatest.
Forgo the Initial Investment
When ordering a brand new hazardous waste storage container the wait time is usually between 6 to 12 months in which time your money is tied up. New projects can be expensive. AH Lockers will provide the security and compliance you need to see your company through your project.
Save at Tax Time
While many circumstances apply to an individual business’ tax return, rental expenses are a deductible expense while purchased equipment is taxed at a depreciated rate over its lifetime. Generally, rental expenses are a little more financially flexible than are major, capital-expense purchases. In some cases, they’re viewed as project expenses or might have some type of tax-deduction benefit available because of the nature of certain kinds of business.
Have more questions? Please feel free to contact us!