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Why Leasing a Semi Trailer is a Good Option for Business Owners

For those that are in the shipping and transportation industry, having access to quality semi-trailers and other equipment is very important. While a semi-trailer is a necessity and can be a great investment, they do tend to cost a lot of money for business owners. For many business owners in the shipping and transportation industry, leasing a semi-trailer could be a much better business decision for a variety of purposes.

Less Liquidity

One of the main advantages of leasing a semi-trailer is that it will require far less liquidity than buying a semi-trailer. Buying a semi-trailer is a major investment and purchase. While there are a number of financing options that are available, you will almost always have to put down a sizable down payment to finance the purchase. When leasing a semi-trailer, your initial payment will be much lower, which will allow you to invest your capital elsewhere in your business.

Less Commitment

The second advantage of leasing is that there is less commitment involved. When you buy a semi-trailer, you are making a long-term commitment through the purchase of the asset. When leasing the equipment, you will have more flexibility in deciding whether or not to continue pursuing a career in the industry as the lease terms are relatively shorter.

Option to Buy

If you decide that you would like to continue to build your business in the shipping industry, you will still have the ability to buy the semi-trailer later. Many of the lease transactions negotiated will provide you with the ability to purchase the semi-trailer at a predetermined price set forth in the lease agreement.

If you are interested in leasing a semi-trailer or other equipment to support your shipping business, you should contact us to learn more about the products and services that we can provide to you.

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