Starting a business can cost tens of thousands of dollars, even if you’re working with something small and lean. If you’re trying to launch a business that requires heavy equipment, or if you’re looking to expand quickly, you might need millions. . Fortunately, there are many strategies you can use to get the funding necessary to cover the expenses, such as working with a VC, an angel investor, or crowdfunding.
. Leasing has a number of advantages over buying, even if you’re buying used. The most obvious benefit is that you’ll save money in the short-term. When buying equipment, you’ll be responsible for purchasing the item outright. Alternatively, you could secure a down payment and get a loan to pay for the rest, but loan interest rates can be high .
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