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September 19, 2021

How Leasing Compares to Buying as an Asset Management Strategy

For many businesses, buying the equipment you need can be expensive. Asset management represents a large part of many companies' budgets. Depending on how you intend to use the asset, leasing might be a more cost-effective option. That said, if you’re not used to leasing, it can be difficult to tell whether it can save you money. This article compares leasing to buying, demonstrating how you can decide which is better for your business.