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Computers, IT equipment, and related items pose unique issues for businesses trying to decide whether to lease or buy. Tech equipment becomes obsolete more quickly than almost any other type of equipment, making it a poor long-term investment. At the same time, many businesses need to keep their tech hardware up-to-date in order to remain competitive. Should you buy or lease your tech equipment? Read on.

Credit scores are a frequent roadblock for businesses when it comes to looking for financing in general, and equipment financing is no exception. Whether you’re concerned that you won’t qualify, or you just want to avoid hard pulls on your credit, you may be wondering if you can get equipment financing with no credit check.

When it comes time to replace or upgrade your equipment, you’ll quickly notice that there are a lot of companies willing to finance your assets with equipment leases. These companies often provide a very useful service, particularly for businesses that need to spread their costs out over time. This article is not, however, about the […]

A tax lease is a rental agreement in which the entity financing the lease (lessor) retains ownership of the asset in question for the duration of the lease with regard to tax and bookkeeping purposes. Tax leases last less than a year.

We’ve all done it–scrolled to the bottom of a user’s agreement and clicked I Agree or signed a paper contract without looking through the many pages of small print. In the world of payment processing, new business owners are often presented with a long, difficult-to-understand contract by a pushy salesperson who insists that the contract […]

If you’re wondering how business loans work, you are probably in the early stages of research for getting business financing. You have taken an important first step: gathering information about what the process is like and learning what to expect if you continue your search for a loan.

A First Data contract can be hard to cancel right away. The main problem is that it has an early termination fee (ETF), which could get pretty hefty if you cancel at the wrong time. To pay less of the ETF, you might have to wait a few months. But there are other obstacles as well. In this article, we’ll explain how the cancellation process typically works. You’ll still have to read some of that contract, but we’ll help you find the relevant parts more quickly for quick lookups.

The processing industry is simply not the sort of place where you can expect everyone to be honest and treat you fairly. People in this business can and will take advantage of you – if you let them. Reading your contract before you sign up is your last line of defense against being stuck in a bad deal. Here are our best tips for reading and understanding your merchant contract.

First Data Global Leasing has the dubious distinction of being among our rogue’s gallery of the processing industry’s worst credit card terminal leasing companies. While it offers high-quality products in the Clover line of terminals and POS systems, it’s disheartening that an industry leader such as Fiserv would condone awful business practices by a subsidiary.

Sadly, as the global COVID-19 pandemic wreaks havoc on our world and our institutions strain to cope with it all, scores of businesses are facing the excruciating reality that remaining in operation just isn’t feasible. As terrible as it is, there are steps you need to take to ensure that the pain of closing your business isn’t even more devastating to your employees and your finances than it needs to be.