equipment leasing

Equipment leasing is an agreement where a business or individual borrows equipment, such as machinery or technology, from a leasing company for a set period in exchange for regular payments. Instead of buying outright, the lessee uses the equipment during the lease term and returns it or, in some cases, has the option to purchase at the end. This arrangement allows for access to necessary equipment without a large upfront investment, helps manage cash flow, and often includes maintenance or upgrades. Leasing is an effective way to keep equipment current and improve financial flexibility.