This is a way of financing the cost of a technology implementation and gives you fixed costs for a period. This option is popular as there can also be tax advantages. We recommend you consult with your accountant to find out how your business would specifically benefit. Some leasing agreements also allow you to trade your old leased equipment out at the end of the term for new equipment. However, these agreements are typically limited to hardware so you'll still have to find funds for software and/or implementation services.
