Sale-leaseback financing: The pros and cons of a quick fix

Description

Abstract: Sale-leaseback financing has long been a common way for contractors to gain added income without having to sacrifice the use of equipment. And as the economy forces contracting businesses to tighten their belts, it’s become an even more appealing option. But along with the obvious benefits are some drawbacks, such as the loss of flexibility associated with ownership. This article covers the pros and cons so you can make the right financing decision.