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What is the Difference Between Equipment Loans and Equipment Leasing (and When Each Makes Sense)?

For small and mid-sized businesses (SMBs), deciding when and how to add essential equipment is rarely a simple decision or transaction. It’s a strategic decision that affects the business’s cash flow, flexibility, taxes and long-term growth. Two of the most common financing options are equipment loans and equipment leasing. While both provide access to critical assets, they serve very ...