No Large Upfront Capital Costs
Releases Working Capital
The biggest advantage of leasing equipment is that the cost is spread over a number of years, there is no need for you to pay the entire amount upfront. This can significantly help maintain cash flow, which is critical to all businesses. Poor cash flow is the main cause of business failures, and leasing can help you to keep it under better control. Leasing can also allow you to use better equipment (e.g. A more efficient / faster / more accurate product) that would be too expensive to buy outright. Leasing conserves valuable working capital and credit lines for more profitable use elsewhere in your business.