The cost of equipment can be a staggering expense for any business, especially startups. Depending on what kind of equipment a business needs, a company might be looking at millions of dollars in investment over a period of several years.
Worse, buying equipment outright can mean years or even decades of payments. By the time a business has paid off a piece of machinery or office building’s worth of printers, the equipment is likely to be outdated and in need of repair or replacement.
Because few companies have the cash to buy equipment outright, many turn to equipment leasing. This is a sound financial strategy that can save a business money over time.
Compare Quotes From The Best Equipment Leasing Services
Get matched up with a equipment leasing service that fits your specific needs.
>> Compare Quotes
The 6 Best Equipment Leasing Companies
There are several options for businesses looking for equipment leasing. Here are six top commercial equipment leasing companies to consider.
Gordon Flesch Company
Crest Capital
National Business Capital
US Business Funding
Smarter Finance USA
Wells Fargo
What is Equipment Leasing?
Equipment leasing is common across a broad range of industries, from manufacturers to restaurants. Some of the equipment a business might lease includes:
Commercial cooking equipment
Office computers and printers
Trucks and other vehicles
Furniture
Heavy machinery, such a… Read More