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2. How to get an equipment loan - AOL

   www.aol.com/finance/equipment-loan-181004367.html

   Equipment loan. Equipment lease. Sale-leaseback. Your business owns the equipment as soon as the purchase is made. You don’t own the equipment until it is paid off and you agree to buy it fully.

3. How much will an equipment loan cost? - AOL

   www.aol.com/finance/much-equipment-loan-cost...

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4. Pros and cons of equipment loans - AOL

   www.aol.com/finance/pros-cons-equipment-loans...

   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 ... The longer the repayment term, the more interest you pay ...

5. Equivalent annual cost - Wikipedia

   en.wikipedia.org/wiki/Equivalent_annual_cost

   Learn how to calculate the equivalent annual cost (EAC) of owning and operating an asset over its lifespan. EAC is a decision-making tool in capital budgeting that can compare projects of unequal lives and risks.

6. Accounting for leases in the United States - Wikipedia

   en.wikipedia.org/wiki/Accounting_for_leases_in...

   At the same time, the asset is depreciated. If the lease has an ownership transfer or bargain purchase option, the depreciable life is the asset's economic life; otherwise, the depreciable life is the lease term. Over the life of the lease, the interest and depreciation combined will be equal to the rent payments.

7. Hire purchase - Wikipedia

   en.wikipedia.org/wiki/Hire_purchase

   Hire purchase is a contract to acquire an asset by paying an initial installment and repaying the balance plus interest over time. Learn about the standard provisions, rights and obligations of the hirer and the owner, and the differences between hire purchase and other practices.