Common Questions about Equipment Leasing

In ongoing effort to answer questions about equipment leasing in this space, we're looking at three common questions that we get asked on a regular basis by companies looking to lease copiers or industrial equipment.

Does all equipment have to come from the same vendor?

The short answer is no. Under the terms of an equipment lease, you can get copiers, industrial equipment, medical equipment, or whatever your business requires from multiple vendors and then bundle the equipment into a single lease. It's a convenient way to avoid paying multiple vendors and can simplify the budgeting and accounting process.

Can I skip payments or defer payments?

Copier leases, for example, can be structured to increase the payment amount over the life of the lease or can have intermittent payment schedules based on the cash flow expected by a business.

Can I transfer a lease?

Unless stipulated by contract, all equipment leases are transferrable. The lessee must have an application approved and credit that is acceptable.

If you need answers to other questions or information about a copier lease, please consider Graphic Savings.