





| R&A LEASING | BANK LOAN | CASH | |
| APPLICATION PROCESS | EASY and FAST | Difficult and Slow | None |
| PAYMENT TYPES | Lower, Longer and Flexible | Higher, Shorter and Fixed | Up Front |
| DOWN PAYMENT | 1 or 2 Payments | 10% to 30% (typical) |
100% |
| COLLATERAL | Equipment | Equipment plus Other assets and liens | None |
| SOFT COSTS | YES | NO | YES |
| TAX ACCOUNTING | 100% Deductible (FMV True Lease) |
Depreciation plus Interest | Depreciation |
| CREDIT LINES | Remain Intact | Reduces Availability | Lose Liquidity |
