Leasing Business Equipment
- Price: £3.60
- Published: January 2016
- Type: Business Information Factsheet
- Format: PDF
If your business needs a piece of equipment or an asset such as machinery for your factory or premises, a motor vehicle, IT equipment, office furniture or a photocopier, one option is to buy the item outright. However, buying a major piece of equipment can be a significant cash outlay for a small or growing business. Another option is to lease the asset.
This factsheet explains what leasing is and details the different types of leasing arrangements available. It contains hints and tips and sources of further information.