Lease vs. finance

Two acquisition structures for robot equipment. Under a lease, the buyer pays for use of the equipment over a term and may return, renew, or purchase it at the end; under financing, the buyer takes ownership and repays a loan secured against the asset. The choice affects balance-sheet treatment, tax handling, upgrade flexibility, and who bears residual-value risk, so it is usually made with finance and accounting input rather than by the operations team alone.