Equipment Lease Private
2 years ago - Services - Fort Worth - 73 viewsTransport equipment finance refers to a variety of financial products and services that can help companies finance the purchase or lease of transportation equipment, such as trucks, buses, rail cars and ships. Transport equipment finance can be used for a variety of purposes, such as streamlining procurement procedures or expanding business operations.
Equipment lease is a type of financing that allows businesses to purchase equipment, such as computers, office equipment, and vehicles, by leasing the equipment instead of buying it. The leasing company will provide the equipment and then the business pays a monthly or annual lease payment to the leasing company. The benefits of using this type of financing include the ability to spread out the cost of purchasing an expensive piece of equipment over a longer period of time and the convenience of not having to carry any inventory.