Business is different today. Financial decision-makers need flexibility, convenience and control - all valuable characteristics of leasing. Equipment leasing is an established and proven financing vehicle. Yet, many businesses are newly discovering leasing. Choosing to lease is a smart way to acquire equipment.
Three ways exist for leasing equipment, so you can choose the one that best suits your company's needs:

• A lessee can select and order the equipment and then seek financing through a lessor.
• A lessee can select the equipment by working with a vendor or a manufacturer that offers leasing through its own subsidiary.
• A lessee can obtain the equipment directly through a lessor.

Once a potential lessee has selected the best way to lease equipment, a lease is signed. By signing the lease, the lessee assigns his or her purchase rights to the lessor, who already owns or who then buys the equipment. (The lessee specifies the equipment they want.)

When the equipment is delivered, the lessee accepts it and makes sure it meets all specifications. The lessor pays for the equipment, and the lease takes effect. A lessee then makes lease payments to the lessor.

Information from www.chooseleasing.com

Frequently Asked Questions:
1. How can I lease equipment?
2. What questions should I ask before signing a lease?
3. What is the difference between a loan and a lease?
4. What are the benefits of leasing?
5. What are the tax benefits of leasing?

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