The Interesting History of Agricultural Equipment Leasing

Agricultural equipment leasing is one of the most popular types of equipment leasing available today. However, not all equipment that is leased is agricultural, although it is believed to be the original type of leasing. Few people know how far back the concept actually goes. Indeed, evidence has been found that, around 2010BC in Ur, the ancient Sumerian city, priests had developed the first leasing concept – and it was one relating to agriculture! Farmers were able to lease both equipment and land, with agreements to this extent being etched…

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