Does it make more sense to own or lease equipment? Thanks to some newer and more innovative leasing structures, that question is becoming easier to answer.
First let’s review some of the upsides to leasing in general:Frees up working capital
Lowers total cost of ownership
Allows a company to pay for equipment at the beginning of life cycle when it is most reliable
Eliminates unpredictable repair costs in latter stages of life cycle
Eliminates fear of equipment becoming obsolete
Eliminates need to dispose of equipment at end of life cycleWhen you look at those upsides, you can see why many companies choose to lease equipment that is used on a
How to Apply Leasing Structures to Reduce Equipment Ownership Cost
If you lease some of your equipment to meet your operational needs, a usage-based structure rather than a traditional fixed-term option could be a smart way to go
Feb 05, 2020 | by Theo Rennenberg |














