We offer Art Leasing programs that include curatorial consultation, original imagery, custom themes, installation, and a variety of rotation options from 2 months to 2 years. Rotating the art in your facility boosts moral and productivity. It sends a message to your employees, clients or patients that you care about their environment and their well-being. It constantly stimulates the senses and renews energy.
Conservation of Capital - The capital conserved, while leasing art as an operating expense, can be utilized for other capital expenditures. The average return on capital can range from 10% to 25% AFTER taxes.
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.
Popular Business Option - Leasing has become an increasingly popular method of resource utilization because it offers a number of advantages over more traditional alternatives, such as cash purchase or bank financing. An art lease agreement is a contract in which the user (the lessee) pays for the use of the art while the lessor owns the art.
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, offthe company's balance sheet. Therefore, borrowing debt covenants are circumvented, financial ratios are enhanced, and borrowing capacity is increased.
Flexible Financing - Our leasing provides fixed rate financing with specially structured terms to accommodate the specific needs of the company.
We have installed artworks in many spaces in Savannah, residential, commercial, museum, and healthcare venues.