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welcome to brim today were going to talk about leasing versus conventional finance on construction equipment were going to explain it all on the whiteboard so its real clear [Music] so which is better leasing or conventional financing and the answer is it depends not only does it depend on how the lease is structured it depends on your particular situation for example if youre working a job and within 90 days you know youre going to have three million dollars coming in in cash and you need somewhere to put it youll probably just want to finance it for a little bit and then go ahead and pay it off so that you have somewhere to put your money on the other hand if youve been renting equipment and you see where you can lease a piece of equipment for three years for the same prices its been costing you to rent equipment for four or five or six months youll probably want to lease it but it does depend on how the lease is structured theyre not all the same and were going to go rig
