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GLOSSARY

What is Equipment Lease?

DEFINITION

An equipment lease lets a business use equipment for a fixed period in exchange for regular payments, with options to buy, return, or upgrade at the end.

Leases can suit technology that becomes outdated quickly; loans suit durable assets you plan to keep.

RELATED FUNDINGEquipment FinancingAfford the tools you need

Guides that explain it further

GROWTH & STRATEGY

How to Finance a Second Business Location

How to estimate costs, choose financing, and reduce risk when opening a second location for your restaurant, clinic, store, or service business.

· 3 min read