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Knowing the costs in advance allows for more precise budgeting.
As the equipment is returned at the end of the lease term, you can confidently invest in the latest technology available.
Operating lease enables you to offset the lease fees against taxable profits.
Operating lease provides a cost effective solution when you need the equipment for a specific project or period of time.
At the start of the agreement you decide the length of the agreement and any options, and pay the initial fees. The monthly installments are based on the difference between initial value of equipment and the projected residual value at the end of the agreement. Which avoids large initial expenses and keeps installments payments lower.
At the end of the agreement you return the equipment and pay any additional fees.