The Bottom Line

Our team of experienced contributors provide the information and tips business owners need to make smart financial decisions.

Small Business Equipment Procurement: Is It Better to Lease or to Purchase?

Every business, large or small, requires some equipment; the major decision lies with whether to lease or purchase the equipment. There are pros and cons to both purchasing and leasing equipment, and each business owner must decide what’s best for them. Whether you decide to purchase or lease the equipment for your business, financing will likely be a necessity.