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Equipment leasing is a funding option that most businesses need; it allows them to purchase new equipment, refinance their existing equipment, or use unencumbered equipment for working capital.

There are several advantages to equipment leasing, including flexibility, tax deductions, and better prediction of your cash flow. An equipment lease can cover many types of equipment, from construction and earthmoving equipment to transportation equipment, printing equipment, industrial and manufacturing equipment, technology equipment, and many others.

This is how Equipment Leasing works:

• You select the equipment that you wish to rent
• Please send us the vendor's invoices, which should include all shipping, setup, and installation costs
• After that, you'll fill out our straightforward equipment lease application
• Indicate your preferred term and type of lease
• The equipment lender will buy the equipment and arrange for delivery and installation (if necessary) at a time that you designate when your lease application has been approved
• For the duration of your lease, you make set monthly payments and benefit from the equipment as if you were the owner

At the end of the lease, you have a few options:

• Return the equipment and take out a fresh lease
• To maintain the same equipment, extend the lease or make month-to-month payments
• Acquire the equipment from the lender for the cost specified in the lease agreement

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