The leasing company contracts the construction company to lease theequipment and pay for it monthly over a fixed time frame of typically two to five years. The lessee will sign the contract for the type of lease that caters to their financial capabilities. The lease can also depend on whether the lessee wants to own the equipment at the end of the lease term or “return” the equipment to obtain a more up-to-date replacement.Despite an ever-changing economy, equipment leasing might provide a simple solution to grow your business. Think: Fair Market Value Lease, Dollar Buy Out Lease and Commercial Leasing.
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