Successful equipment manufacturers and distributors recognize the importance of
offering a lease/purchase option to their customers. Companies in the US acquire
income-producing equipment more commonly through leasing than through loans.
Of the $697 billion spent by American businesses on assets in 2003, $216 billion--or
31% - was acquired through leasing.
According to an ELA (Equipment Leasing Association) survey conducted in 2003,
approximately 73% of all businesses lease a percentage of their equipment. They cite
the top three reasons to lease as the ability to manage growth, to improve asset
management, and to upgrade equipment.