FAQ: How does leasing compare to term loans?

Answer

Term loans often have terms and conditions that can add additional costs and complexity.  If you’re considering a term loan, you should carefully consider all of the terms and conditions that come with it.  Usually additional fees are involved, and you may be asked to make a down payment or to keep compensating balances. These are all additional expenses that a lease will not incur.

When compared to obtaining financing through a bank or other financial organization, remember the added value that Nexxis brings as an industry leader of RVI and NDT equipment, we work in partnership.