The reason there are different lease terms is because the payments go down with longer terms, and for some businesses, that might mean they could afford the payment better. A longer lease also means that the business will always have that fixed cost set aside for that part of the business. Shorter lease terms have higher payments, say a 3 year lease, but the advantage to this is the fees and interest would be less plus the added benefit of upgrading to the latest technology faster.
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