What is an ex-corporate or corporate-lease laptop, and why is it sold refurbished?

An ex-corporate or corporate-lease laptop is a device that was procured by a business, used by employees for a defined period (typically 3 to 5 years), and then returned to the market either because the company upgraded its fleet or because an operating lease expired. These are among the most desirable refurbished units: they were purchased as business-grade models (usually Dell Latitude, HP EliteBook or Lenovo ThinkPad), maintained under IT asset management policies, and returned in bulk at predictable end-of-life dates. Edify sources a significant share of its inventory from corporate fleets and leasing returns for exactly this reason. The laptops are sold refurbished rather than scrapped because they retain strong functional value, and reselling them also keeps thousands of devices out of landfill, part of how Edify has kept an estimated 70 to 90 tonnes of hardware in productive use.