Simply put, equipment leasing is an alternative type of a business loan. The leasing company buys and owns your choice of equipment and then rents it to you at an agreed upon rate for a specific number of months.

Start by examining your equipment alternatives with these three questions: What equipment do you really need? Where do you find it? How do you pay for it?

Once you've clearly defined your equipment needs, search for potential vendors that meet your specifications. Surely, you’ll find a variety of sources, prices, terms and conditions of sale. Ask about leasing and most likely each vendor will refer you to a leasing company with whom they do business.

Now, before making a purchase decision, contact a BridgePoint Leasing Advisor. Describe your needs and ask whom we would recommend when choosing vendors. Then, work with your Leasing Advisor through the purchase and leasing details.

Deciding what you want in terms of a lease is just as important as deciding what equipment you need! No matter which alternative you select, it makes sense to get at least two quotes on your equipment.

Here's more about Leasing Benefits
and the most frequently asked questions - Leasing FAQ

For more information -  call toll free 800/304-0146