Advertiser Disclosure

🏦 Compare quotes from multiple PPP/SBA lenders at Fundera.

6 Things You Need To Know About Leasing Equipment

  • 2 comments
  • Updated on:
Advertiser Disclosure: Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity.
Chris Motola

Chris Motola

Finance Writer at Merchant Maverick
Chris Motola is a writer, programmer, game designer, and product of NY. These days he's mostly writing about financial products, but in a past life he wrote about health care and business. He's a graduate of the University of Central Florida.

We've done in-depth research on each and confidently recommend them.

We've done in-depth research on each and confidently recommend them.

Leave a comment

2 Comments

Responses are not provided or commissioned by the vendor or bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the vendor or bank advertiser. It is not the vendor or bank advertiser's responsibility to ensure all posts and/or questions are answered.

    Leslie Howard

    Chris, your article makes some nice points but you didn’t mention one of the more currently pressing issues with leases–the new balance sheet based accounting rules that CPAs will soon require you take onto your business books. While the rules don’t specifically kick for a couple of years, the negotiation of leases that run more than a couple of years from “today” will potentially affect relationships with co-investors, lenders, etc.

    https://www2.deloitte.com/us/en/pages/risk/articles/new-lease-accounting-standard.html?id=us:2ps:3gl:risk:eng:adv:041116:na:na:DFCHGNpU:952189786:192660124508:b:Lease_Accounting:Lease_Accounting_BMM:nb

    Cheers!

      This comment refers to an earlier version of this post and may be outdated.

      Chris Motola

      You’re absolutely right, Leslie. I’ve started to touch on that in some other posts, but it’s definitely something lessees should be aware of. Thanks for bringing it up!

        This comment refers to an earlier version of this post and may be outdated.

      Leave a Reply

      Your email address will not be published. Required fields are marked *

      Your Review

      Comment moderation is enabled. Your comment may take some time to appear.
      Please read the "User Review and Comment Policy" before posting.

      Share

      Featured Offer: We Recommend QuickBooks πŸŽ‰

      Get 50% QuickBooks Online for a limited time!

      Take it for a spin with a free trial.

      Try QuickBooks Today

      We Recommend Fattmerchant πŸ†

      Fattmerchant is one of our top picks for credit card processing!

       

       

      We love Fattmerchant's predictable pricing and excellent service.

      Get Started With Fattmerchant

      Get started with no commitment today.

      We Recommend Brex Corporate Card for Startups πŸ†

      Brex Corporate Card for Startups is one of our top picks for business credit cards!

       

       

      For a limited time get 50,000 rewards points when you spend $1000 with Brex.

      Get Started With Brex Corporate Card for Startups

      Get started with no commitment today.

      We Recommend National Processing πŸ†

      National Processing is one of our top picks for credit card processing and POS!

       

       

      You can currently use our exclusive promo code NP2020PROMO to get a free Pax A920 terminal for new SwipeSimple accounts and 50% off Clover devices. Some restrictions apply, learn more at National Processing.

      Get Started With National Processing

      Get started with no commitment today.

      We Recommend PaymentCloud πŸ†

      PaymentCloud is one of our top picks for credit card processing!

       

       

      We love PaymentCloud's predictable pricing and excellent service.

      Get Started With PaymentCloud

      Get started with no commitment today.

      ⭐️ Featured Promo! ⭐️

      Sign up now and qualify for a limited time deal!

      Standard Plan: One month free ($29.95 value)
      Plus Plan: Two months free ($159.90 value)
      Pro Plan: Three months free ($899.85 value)

      Learn More

      At BigCommerce

      We Recommend PaymentCloud πŸ†

      PaymentCloud is one of our top picks for credit card processing!

       

       

      We love PaymentCloud's predictable pricing and excellent service.

      Get Started With PaymentCloud

      Get started with no commitment today.

      We Recommend Fattmerchant πŸ†

      Fattmerchant is one of our top picks for credit card processing!

       

       

      We love Fattmerchant's predictable pricing and excellent service.

      Get Started With Fattmerchant

      Get started with no commitment today.

      Get 60% Off FreshBooks ✨

      FreshBooks is offering 60% off of their accounting and invoicing software for six months to help support businesses during COVID-19.

      Start For Free

      At FreshBooks

      We Recommend National Processing πŸ†

      National Processing is one of our top picks for credit card processing and POS!

       

       

      You can currently use our exclusive promo code NP2020PROMO to get a free Pax A920 terminal for new SwipeSimple accounts and 50% off Clover devices. Some restrictions apply, learn more at National Processing.

      Get Started With National Processing

      Get started with no commitment today.

      We Recommend Stamps.com πŸ†

      Stamps.com is one of our top picks for shipping software!

       

       

      Start a 4-week free trial with Stamps.com and get $5 in free postage to test it out. No promo code required.

      Get Started With Stamps.com

      Get started with no commitment today.

      Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity. The editorial content on this page is not provided by any of the companies mentioned and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author’s alone.

      Sign up for the Maverick Newsletter

      • We occasionally send out emails with special offers.