Operations

Loan? Lease? 10 Questions to Answer Before Deciding Your Equipment Financing Option

Sept. 25, 2014

The U.S. economy is improving, and more domestic manufacturers will be making capital investments to fuel growth.

The U.S. economy is improving, and more domestic manufacturers will be making capital investments to fuel growth. When preserving owner or shareholder capital is an important goal, financing equipment through a lease or loan will enable your business to preserve its cash.

Both options offer advantages. Determining whether to lease or borrow for your next capital investment can be tricky. Here are 10 questions you need to answer before making that decision.

American Machinist is a companion site of IndustryWeek and part of Penton’s Manufacturing and Supply Chain Group.

About the Author

Robert Brooks | Content Director

Robert Brooks has been a business-to-business reporter, writer, editor, and columnist for more than 20 years, specializing in the primary metal and basic manufacturing industries. His work has covered a wide range of topics, including process technology, resource development, material selection, product design, workforce development, and industrial market strategies, among others. Currently, he specializes in subjects related to metal component and product design, development, and manufacturing — including castings, forgings, machined parts, and fabrications.

Brooks is a graduate of Kenyon College (B.A. English, Political Science) and Emory University (M.A. English.)