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In this video on Grow By Joe, the host explains how equipment leasing works and its advantages for financing equipment. Leasing is presented as a beneficial financing option that helps manage cash flow without requiring large upfront investments. The host clarifies that while many business owners perceive the leasing process as complex, it is actually straightforward, although some traditional lenders have outdated practices. The speaker emphasizes that their approach has simplified the leasing process, allowing business owners nationwide to effectively finance and lease equipment with ease. Further details on this simplified process will be discussed in the video.