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Leasing vs Buying Business Equipment: A Comparative Analysis for Remote Teams

When it comes to acquiring equipment for your business, there are two basic options: leasing and buying. Both have distinct advantages and disadvantages, making the decision contingent on a variety of criteria such as cash flow, equipment life duration, technology obsolescence, and financial implications on your balance sheet.

In this blog, we go deeper into these aspects by looking at the EquipAnywhere leasing option. This option allows firms to pay 30% of the equipment cost annually for three years, with the option of purchasing the equipment at a 10% discount at the end. To offer you a better perspective, we will delve into a comparative analysis of buying and leasing the equipment.

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