Equipment Leasing Companies: Equipment for Rent

2007-03-08 10:33:40

( Real Estate )



Equipment leasing companies are businesses that buy and invest in equipment so they can rent it out or lease them to companies for a fixed period of time. At the end of the duration of the lease, the company who rented the equipment may opt to renew the lease, rent additional or other equipment, return the equipment, or purchase it for a predetermined amount based on its fair market value.

A HELPING HAND

If you are a start-up company, or you want to expand operations but have very limited budget, equipment leasing companies are a big help to get your business off to the right start. You get to use the needed equipment without having to shoulder the expenses of buying new ones. Furthermore, you do away with the hassle of installation and training as the equipment leasing companies will handle that for you.

Almost every machine or equipment that an industry or office needs to operate is available for lease. Apart from computer and office equipment leasing, there are companies offering heavy equipment leasing, farm equipment leasing, construction equipment leasing, etc. If you have a manufacturing plant, there are also industrial machines that you can lease for so much less than purchasing new ones.

A SYMBIOTIC RELATIONSHIP

Equipment leasing companies are entirely different entities from sellers. Sellers and distributors of equipment do not go into lease financing, but they can directly refer or endorse you to companies who do so. Referrals from equipment sellers are good leads because equipment leasing companies often enter into a symbiotic relationship with the distributors.

Because there are a number of equipment leasing companies vying for your business, the price for equipment leasing is very reasonable. However, do not be hasty and enter into a commitment with the first company you talk with. Remember that you have so many options to choose from, and you have the luxury to shop around for the best prices and terms.


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