Should Your Company Buy or Lease Agriculture Equipment?
Whether you need it for the season or a lifetime, agriculture equipment is an absolute necessity, because you can rarely ever use substitutes or alternatives that will get the job done properly and on time. The right tools can make all the difference when it comes to farming, but agriculture equipment is not cheap. Once you have established what you need, you have to decide if buying or leasing farm equipment is the right option for your family farm, agriculture business, school, or other organization. Cash resources, project needs, and long-term goals will all play a factor in your decision, but understanding the benefits and disadvantages of leasing and buying can help you make up your mind.
Read on below for a quick comparison or contact Money in Motion to find out more about agriculture equipment financing from Vancouver to Newfoundland and everywhere in between. We offer flexible financing options across Canada, so you have access to customized leasing plans and the equipment you need, no matter where you live. Contact us today to learn more.