When it comes to leasing equipment, understanding what it can do for your business is only part of the equation. Understanding and choosing the best lease for your business is another matter altogether. The market is primed for the use of equipment leasing to expand, grow and hone a businesses assets, but at the same time there is little material out there to help a business judge whats a good lease and what isnt.
What You See Is What You Get
There is an old truism that says you get what you pay for. When it comes to equipment leasing, you want a lease that clearly defines your responsibilities versus the lessors responsibilities. You really want it to be what you see is what you get. So how do you go about choosing the best type of lease for your business?
Shop the options is the best way to get started. If you know what type of equipment you need, then comparison-shop the options with different companies. Some key figures to make sure are included in any lease option are:
Cost Per Month
Cost of Maintenance Contract
Availability for Software and Hardware...