So you want to lease your next piece of equipment?
  Select The Best Financing Partner For You.

Information used with permission from ELA. 

So you want to lease your next piece of equipment?                       Back to top

Here’s where you start.

The Equipment Leasing Association recommends businesses ask the following 10 questions before signing a lease. These questions take into account the "before, during and after" stages of a lease.

2. Does the leasing representative understand my business and how this transaction helps me to do business?

4. What happens if I want to change this lease or end the lease early?

5. How am I responsible if the equipment is damaged or destroyed?

6. What are my obligations for the equipment (such as insurance, taxes and maintenance) during the lease?

7. Can I upgrade the equipment or add equipment under this lease?

9. What are the procedures I must follow if I choose to return the equipment?

10. Are there any extra costs at the end of the lease?

Select The Best Financing Partner For You                                        Back to top

Your choice of a financing company is an important one. You will want to study the company carefully, evaluating how it can meet your financial and strategic objectives and ensuring that you get the best possible leasing program. The key to success is to select a financing partner you are comfortable with. If all goes well, your lessor will be with you for a long time, so the choice is an important one. Pricing is always a factor, but the relationship should be a primary consideration.