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Q Would you tell us if we should buy or lease our GI equipment?
A Generally, buying equipment will require the center to either use its cash for the purchase or to borrow money from a bank or other lending source. Leasing the equipment usually requires no cash outlay and involves monthly lease payments to the leasing company. Payments to the bank will generally be fixed based on the length of the loan. Payments to the leasing company can be either fixed or based on the number of procedures (cost per case) performed with the equipment each month.
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