Tuesday, August 21, 2012

Equipment finance - Loan or Lease? - b-roll.net FORUM




Go with a bank loan. Out of four cameras, I got a bank loan for three and paid cash for my last one. I almost went with an equipment leasing company for my third camera(first HD camera), but their terms were NOT favorable, especially compared to traditional bank loans. The deal breaker was that I would have been responsible for ALL of the interest for the full term of the loan regardless of early payoff(I always paid my loans off early, usually a few years early).

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"Making video look good isn't a luxury, it's a must. That's our job, that's what we do for a living." Originally posted by Chicago Dog

Source: http://www.b-roll.net/forum/showthread.php?t=28381&goto=newpost

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