Q: Why lease?
A: Because leasing offers unique advantages:
- 100% Financing. Lease transactions can cover 100% of costs including freight, training and software.
- Obsolence Protenction. Outdated equipment can be returned and upgraded to guarantee state-of-the-art equipment, top production capacities and a competitive edge. The entire risk of obsolescence is assumed by the lessor.
- Simplicity. Lease financing is generally less restrictive than bank financing. There can be significantly less paper work. You can get a decision by the next day in most cases.
Q: How does a lease compare to a cash purchase or a loan?