Equipment manufacturers lease out equipment because:

Question

Quizplus · Accepted Answer

Leasing agreements help support and expand sales by allowing businesses to acquire equipment without the high upfront costs. This can increase the demand for the manufacturer's equipment and help build relationships with customers who may eventually purchase the equipment outright. Leasing also provides the manufacturer with a steady revenue stream and helps to ensure that the equipment is properly maintained, which can reduce long-term costs.

Equipment Manufacturers Lease Out Equipment Because