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Leasing & Financing
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What is Equipment Leasing?
To better manage cash flow and operating expenses, the choice for many businesses is clear: equipment leases. Many businesses look for ways to address their equipment financing challenges. Large capital expenses can require you to pay for equipment before you generate revenue from it.
The Equipment Leasing and Financing Association (ELFA) research shows that eight out of ten U.S. companies lease some or all of their equipment. And, nine out of ten say that they will use equipment leases again. Of all the ways to acquire equipment, leasing is the method most frequently used for all equipment types. In fact, almost any type of equipment can be leased – from computers and printing equipment to trucks and bulldozers.
It is important to point out that equipment leases are not loans. As a result, their
costs are figured differently from loans. To compare loan and lease products, it
is better to compare monthly payments than to try to compare loan interest rates
with lease rates. On a cost-
Who Leases Equipment?
Your Competitors! Approximately eight out of ten U.S. businesses use lease financing
to acquire the equipment they need. In today's fast-
Why Lease With Biz Capital Consultants?
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