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What is equipment leasing? Equipment leasing is a type of financing in which you rent equipment rather than purchase it outright. You can lease expensive equipment for your business, such as machinery, vehicles or computers.
Microsoft Word's Free Lease Agreement Template is a wonderful template for creating a legally binding contract and setting ground rules between the landlord and the tenant.
Yes, Microsoft Word has a free lease agreement template that you can customize to create your own contract and minimize any potential problems between tenant and landlord.
8 Steps to Negotiate Your Business Equipment Lease.Step 1: Know the difference between want and need.Step 2: Know where you stand as a business.Step 3: Know where you stand as a consumer.Step 4: Initiate contact with leasing companies.Step 5: Comparison shop.Step 6: Get approved.More items...
What is a lease-option-to-buy? A lease-option is a contract in which a landlord and tenant agree that, at the end of a specified period, the renter can buy the property. The tenant pays an up-front option fee and an additional amount each month that goes toward the eventual down payment.