Tag: Financing
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Equipment Financing vs. Equipment Leasing
Choosing between equipment financing and equipment leasing can be tricky, as both have their pros and cons. Here’s a breakdown to help you decide: Ownership: Upfront Costs: Monthly Payments: Flexibility: Tax Benefits: Equipment Type: Credit Score: Here are some additional factors to consider: Ultimately, the best choice for you will depend on your specific needs,…
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Equipment financing or equipment leasing: What should a small business owner do?
Equipment financing and equipment leasing are two options businesses consider when acquiring new equipment, but they have different implications and benefits. 2. Equipment Leasing: Choosing Between the Two: In summary, the choice between financing and leasing depends on your business’s financial situation, how long you need the equipment, and your plans for future upgrades or…