Equipment Operating Lease
The best option for short-term equipment needs! An Operating Lease is any lease that does not qualify as a Capital Lease. The Operating Lease provides you the greatest flexibility by allowing you to lease needed equipment for a shorter period than the actual (expected) life of the asset. Since the equipment is returned to the vendor while it still has a useful life, you may often benefit from additional services provided by the vendor, specifically maintenance and insurance.
The Most Flexible Financing Option For Short Term Commercial Equipment Needs
Since an Operating Lease does not contain any of the provisions that would qualify it as a Capital Lease, the lease is not treated as a ‘sale/purchase’. As a result, you account for it as a rental expense; therefore it is not capitalized.
Contact us and speak with one of our financing specialists to learn about our Operating Lease option option, or one of our other equipment leasing options offered through Equipment Lease Financing at no cost with no obligation.
Equipment Lease Financing offers Equipment Financing for all types of businesses. Our extensive Equipment Leasing Services include the following financing options: Merchant Cash Advance, Capital Equipment Leasing, Equipment Operating Lease, TRAC Equipment Leasing and Tax Lease Equipment Financing