University of Missouri--Columbia. Extension Division
Abstract
"Traditionally, farmers have found credit financing more advantageous than leasing farm equipment. There are, however, situations when leasing is a viable alternative. Lease plans are available for larger machinery items, irrigation systems, and semiportable buildings such as farrowing houses or calf barns. This guide sheet reviews the important factors you should consider when evaluating a long-term lease. It also shows how to compare the cost of a lease with the cost of a credit-financed purchase. The term, lessor, is used to refer to the company or firm who owns the equipment. The term, lessee, refers to the user of the leased equipment."--First page.Norlin Hein and Ronald Plain (Department of Agricultural Economics, College of Agriculture)Revised 8/83/10
