Equipment Leasing is a Major Source of Business Financing
After real estate lending, equipment leasing is the largest type of asset based lending and is steadily on the rise. Today, you can lease almost any type of hard asset that can be utilized in your business. Everything from computers and office furniture, to heavy duty equipment and motor vehicles can be eligible for lease financing.
Leasing programs are normally focused around a certain type of assets where the Lesser has developed a system for effectively determining the value of a new or used asset, and the pathway to liquidation in the event of default of payment.
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