Leasing is the modern way to obtain the use of time-saving, productive equipment with lower capital investment by the lessee.
Leasing is available to the business and/or individual that has demonstrated their ability to meet their financial obligations.
As a general rule, if your application is acceptable for financing, it is also acceptable for leasing. If you have established good credit and can provide the required insurance, you should be able to qualify for a lease.
The actual rental payments depend on the equipment you want and how long you want to lease it. Leasing is not expensive. The savings in costs, your profits on higher yields, the revenue realized on additional business handled, will probably make the rental payments for you. Certainly you will not need to use your capital or borrow at the bank to obtain the new equipment you need today. A lease is a financial commitment by the leasing company for a period of years as a guaranteed charge that cannot be raised.
Most equipment is leased for terms of 3 to 10 years because the equipment will normally pay for itself in that time. However, other terms are available where a large system or more sophisticated equipment requires it.