If your business needs new equipment or technology but you can t afford it leasing may be an option to consider.
Equipment leasing business.
It is a good idea to get a quote from the leasing firm referred by the company.
Money equipment leasing vs.
From heavy duty equipment to general purpose machines bank of america can help you finance business equipment.
The equipment leasing business industry is a very large one and according to the equipment leasing and finance association elfa businesses lease an approximate amount of 1 2 trillion in assets annually which includes office equipment computers and software.
Leasing lets you make smaller monthly payments typically over a multiyear period.
What you need to know when your business needs equipment but you don t have the cash to buy it outright you have two options.
A company selling equipment is often able to make a direct referral to a leasing company with which it does business.