Let’s start with the basics of leasing vs buying equipment.
In a buying arrangement, a company is going to be individually responsible for purchasing all the individual hardware components they require to operate. If they need laptops, they need to buy laptops individually for each person who works there. If they need servers, they need to buy and install the servers themselves. You’ll need to do this for each piece of hardware required, paying money and spending time and effort to get everything set up. You’ll retain full ownership of all these materials, and can resell them in the future if you want.
In a leasing arrangement, a company signs a contract with a third-party equipment provider. The terms of this agreement will dictate all the variables, but generally, this means the buying company will have access to all the equipment they need in exchange for a regular subscription rate. Additionally, the third-party equipment provider will usually take responsibility for installing the hardware, verifying its functionality, providing maintenance, issuing repairs, and offering support in other ways.