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    Equipment Leasing

    The process of equipment leasing has become increasingly popular among businesses needing new equipment. It is now possible to lease new furniture, computers, electronics, industrial equipment, and office supplies.

    A equipment lease involves a third party funding source (the lessor) purchasing the equipment for you, then allowing your business to use it for a contracted period of time, in exchange for regular payments. When the contracted time period ends, you will often be given the option to buy out the lease, purchasing the (now used) product(s) at fair market value.

    Just like any kind of loan or financing arrangement, you will have to prove that you have an adequate credit rating before qualifying for a lease.

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