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frequently asked questions about equipment leasing what does elyse elyse is an agreement with a contract between the leasing company and a customer in which the customer will use the companys equipment the contract will give the terms as to how long they can use the equipment and how much they will be paying each month depending on the terms of the lease the customer will be able to buy and return or continue to lease the equipment how is leasing equipment better than buying it one advantage of leasing is that it requires little or no money down with purchasing equipment it can tie up docHub amounts of cash and credit another advantage of leasing is that a business may purchase new equipment and own it only to find that in a short matter of time their equipment is outdated and needs to be replaced with leasing after the term is over the customer may be able to upgrade their equipment are there any tax benefits associated with leasing lease payments are usually full tax deductible
