Leasing or buying an asset can be a tough decision for any business to make. Which option works best for your company is contingent on a series of factors that every business owner or manager should consider.
For some companies, this could push you offside of certain debt covenants.
All of these items are things you’re definitely going to want to consider when considering leasing an asset. Your answers, and the implications, could heavily factor into your final decision making on whether to lease or buy.