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Equirex Leasing Corp., is a capital leasing (or asset-based lending) company with its headquarters in Oakville, Ontario, Canada. Founded in 1996, Equirex finances leases in every province in Canada. [2] The company serves multiple markets including agricultural leases, "B-Finance" capital leases, and industrial equipment leases.
Equipment rental was first developed in Anglo-Saxon countries. It emerged in the UK after the First World War and has now become a multi-billion euro business providing a wide range of construction and industrial equipment for customers globally.The American Rental Association was founded as early as 1955, [1] and the first waves of consolidation took place in the 1970s in North America ...
Leasing is similar to a rental contract, where you only use the equipment for the duration of the lease. Financing involves taking out a loan — in this case, secured by the equipment — and ...
United Rentals, Inc. is an American equipment rental company, with about 16 percent of the North American market share as of 2022. [4] It owns the largest rental fleet in the world with approximately 4,700 classes of equipment totaling about $19.3 billion in original equipment cost (OEC) as of 2022. [5]
Equipment loans often have a higher payment than an equipment lease but allow you to own the asset outright at the end of the loan term For many business owners, buying equipment is an important ...
Electro Rent Corporation is a provider of rental, leasing, and sales of electronic test and measurement (T&M) equipment, and in the United States rents personal computers and servers. On May 31, 2016, Platinum Equity announced its intent to acquire Electro Rent for $382.2 million.
Lease purchase agreement (click to view pages) Rent-to-own, also known as rental purchase or rent-to-buy, is a type of legally documented transaction under which tangible property, such as furniture, consumer electronics, motor vehicles, home appliances, engagement rings, and real property, is leased in exchange for a weekly or monthly payment, with the option to purchase at some point during ...
ORIX offers leasing, lending, rentals, life insurance, real estate financing and development, venture capital, investment and retail banking, commodities funds and securities brokering. In addition to expanding its offerings, ORIX has also expanded globally, offering financial services in North America, Asia, the Middle East and Northern Africa.
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