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The Difference Between Leasing And Renting Office Equipment

Larry Maxwell is a reputed healthcare attorney specialized in health law, including contracts, employment agreements, medical office space etc. Larry u201cMaxu201d Maxwell Law Practice provides health care providers results-driven legal services. With over 30 years of experience, Mr. Maxwell and his professional healthcare contract lawyers and assistants are able to help protect your practice. Call us at (972) 387-3634 and receive a free consultation.<br>

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The Difference Between Leasing And Renting Office Equipment

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  1. LARRY “MAX” MAXWELL LAW PRACTICE The Difference Between Leasing And Renting Office Equipment Maxhealthlaw

  2. Lease is taken when a business doesn't have ample fixed capital, and at the same time wants to use the asset but doesn't want to pay for it. Rent on the other hand is taking a property for a monthly fee. Leasing contracts have two parties – lessor and lessee.

  3. Leasing Office Equipment One of the primary benefits of leasing is being able to acquire equipment without significantly affecting your cash flow. This is particularly important for a new business with limited financial resources. Although leasing may mean you are spending more money over the long haul, the initial layout is much less than the cost of a major purchase. This will free up cash for your day-to-day operations or to meet other needs. In addition, it is typically easier to pay a lease than it is to obtain a loan for equipment purposes.

  4. Renting Office Equipment Some larger, established companies prefer office equipment rental because they regularly switch or consolidate devices between departments. If they need different equipment, they can end their rental agreement and commit to a new one for a different device. There’s no buyout or baggage involved.

  5. Got questions? REACH OUT TO US! MAIN OFFICE 5339 Spring Valley Rd #200 Dallas, TX 75254 PHONE NUMBER 972.226.9700 WEBSITE ADDRESS https://maxhealthlaw.com

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