Equipment Leasing 101: The Ins & Outs Of Being A Lessee
The article explains a lease from the lessee’s side: the lessor holds ownership, and the lessee gets use of the equipment and an option at the end. A table weighs low upfront cost, easier upgrades, and bundled maintenance against a possibly higher total cost, a term of about 3 to 5 years, and difficulty exiting early. At the end of the term you can return the equipment, acquire it, or upgrade. The article calls leasing a good fit for startups, since it preserves cash and may lead to ownership later.