Nonprofits often require the services of third party vendors for renting or leasing workplace equipment and products. Examples include copiers, floor mats, or restroom product dispensers. The company that rents or leases these products will require a legal contract detailing the rental arrangement. You may sign the agreement without reading it, assuming it is non-negotiable. However, it is important to be aware of the pros and cons of such agreements. by Briley Brisendine at SiteOne Landscape Supply and Brandon Woods of Troutman Pepper outlines some important considerations nonprofits should keep in mind before signing an equipment lease.
Equipment Leasing: Factors Nonprofits Should Consider Before Signing
Equipment Lease Contracts (002)