In the context of financing tools available to new businesses, identify a major disadvantage to asset leasing. Group of answer choices Equipment leasing agreements make it difficult for a small business to upgrade to newer machines when their leased machines become obsolete. A new business might spend more money on leasing equipment over time than if it had bought the equipment outright. Any assets that are leased must be paid for upfront, making the proposition of leasing nearly as expensive as purchasing new equipment outright. Major asset leasing companies are unwilling to risk leasing equipment to new businesses

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The detailed answer for the above question is provided below Major disadvantage to asset leasing for new businesses is Equipment leasing agreements ma... View the full answer