Peel Financial

Rajat Gupta23 Sep, 2020Business

A lease is a more flexible way of obtaining equipment to use in your business. Leases have many benefits like paying fewer taxes. Leases can also be set up in a variety of ways to help you manage your cash flow and expenses. $10 payout – at the end of the life of your lease, you pay $10 and it’s yours! Fixed payout – Whether the residual is 10% or 20% at the end of your lease term, the amount is known up front and is fixed. At the end of the lease, you can pay this fixed amount, refinance it, or in some cases, return the equipment.