Which lease type is more flexible? Debunking myths & misconceptions
Which lease type is more flexible? Debunking myths & misconceptions
Construction companies often need to make decisions about how to finance their heavy equipment. There are two main options: operating leases, also known as FairMarket Value (FMV) leases, and capital leases, also known as finance leases. Although both leasing options have their advantages, there's a common misconception that capital leases offer greater flexibility. However, a closer look shows that FMV leases may actually be a better choice to provide the quintessential operational versatility that construction companies need.
Construction companies often need to make decisions about how to finance their heavy equipment. There are two main options: operating leases, also known as FairMarket Value (FMV) leases, and capital leases, also known as finance leases. Although both leasing options have their advantages, there's a common misconception that capital leases offer greater flexibility. However, a closer look shows that FMV leases may actually be a better choice to provide the quintessential operational versatility that construction companies need.