Factors to Consider when Leasing Equipment

When looking to upgrade or replace business equipment it’s wise to make cost-effective purchasing decisions. Buy new equipment and it is yours, but at a cost.

factors to consider when leasing equipment for your business

Factors to Consider Before Leasing Equipment

Have you dipped too far into your equity for an item that will only depreciate?

Does your business require the top of the line model yet you can only afford the mid-tier that offers fewer options?

Rather than make those sacrifices, have you considered leasing your equipment instead?

Benefits of Equipment Financing

In addition to laying out less of your own cash when leasing equipment, here are some other advantages:

  • Great tax benefits – leased equipment may be fully tax deductible
  • Stay competitive: at the end of the lease, lease the latest equipment. Equipment owners are not likely to have this option and will have to use their increasingly dated equipment for a longer period of time.
  • Short-term leases will enable you to see if the equipment meets your needs and expectations.
  • Maintenance is often included. This can provide additional savings.

Equipment Leasing Terms & Conditions

National Business Capital & Services finances equipment for nearly every type of industry. We make it possible for businesses of every size to obtain needed business tools by providing equipment financing options that are affordable and convenient. We offer:

  • Flexible terms
  • 1 – 5 year repayment options for most businesses
  • No restrictions on what equipment you may purchase or which vendor you choose
  • Access to financing in as little as 48 hours

There are considerations to every business purchase. Equipment leasing is the best route if the equipment you require is beyond your means.

Leasing the equipment your firm needs today ensures tomorrow’s business success. For more information, fill out our 1-minute application form or call us at (877) 482-3008.

National Business Capital & Services is the #1 FinTech marketplace offering small business loans and services. Harnessing the power of smart technology and even smarter people, we’ve streamlined the approval process to secure over $1 billion in financing for small business owners to date.

Our expert Business Financing Advisors work within our 75+ Lender Marketplace in real time to give you easy access to the best low-interest SBA loans, short and long-term loans and business lines of credit, as well as a full suite of revenue-driving business services.

We strengthen local communities one small business loan at a time. For every deal we fund, we donate 10 meals to Feeding America!


About the Author, Megan Capobianco

Megan is passionate about helping business owners along their journey - providing them with relevant content they can use in their day-to-day operations.

Disclaimer: The information and insights in this article are provided for informational purposes only, and do not constitute financial, legal, tax, business or personal advise from National Business Capital & Services and the author. Do no rely on this information as advice and please consult with your financial advisor, accountant and/or attorney before making any decisions. If you rely solely in this information it is at your own risk. The information is true and accurate to the best of our knowledge, but there maybe errors, omissions, or mistakes.