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Often, you can pay fewer points in exchange for a higher interest rate or more points for a lower rate. Ask your Finnerty Finance Consultant about points and other fees.
Economic Obsolescence occurs when a business equipment cannot keep up with the demands of the market or lacks the technology to help the business remain competitive. Leasing helps avoid obsolescence by allowing you to upgrade every few years. In other words, if the equipment appreciates, buy it. If the equipment depreciates, lease it.