If you need equipment financing for your business, it’s easy to be overwhelmed by the sheer number of options available to you. You’ll have a choice between a number of different lease types that can be tailored to your needs based on term lengths, ownership preferences, and buyout options. Businesses seeking even more flexibility can […]
Equipment Financing Blog Posts | Page 3
We often think in terms of insurance for expensive items we already own, but when it comes to anticipated future expenses, we usually only think in terms of savings. Businesses that expect to replace equipment in the near future, however, can prepare for those expenses in another way: by seeking a lease line of credit. […]
If you’ve been researching equipment financing, you’ve probably noticed by now that there are tons of different types of leases. To complicate things further, there’s a hierarchy to lease naming conventions–a lease may be both an operating lease and a Fair Market Value (FMV) lease at the same time, for example. In the interest of […]
Big changes are coming to the world of leasing, but for those of us without accounting certification, these changes might appear a bit arcane. In this article, we’ll give you a zoomed out view of what’s changing and give you a few resources for further reading on the topic. Why Are Things Changing? Currently, as […]
You may have noticed that the equipment leasing industry uses a lot of acronyms. While they all refer to distinct types of financial agreements, it can be easy to confuse the bigger differences from the minute details. In the interest of clearing up some of those distinctions, we’ll take a look at two of the […]
If you’ve been searching the internet for information about equipment leasing, you’ve probably run into a wall of industry jargon. Between captive lessors, capital leases, equipment financing agreements, and references to Section 179, the terminology can get pretty opaque. This is especially true when it comes to TRAC leases. If you’ve ever wondered what the TRAC lease is, how it works, or even just what the acronym stands for, you’ve come to the right place.
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 […]
Ownership is a fairly straightforward thing to understand. You simply exchange money for an item, and it is yours to keep. Against that backdrop, leasing equipment is kind of a strange beast, with a language and logic that can be unfamiliar to many. If you’re looking at leasing equipment for the first time, here are […]
Whether you’re paving a road or writing software, sooner or later you’re going to need to buy, upgrade, or replace your business-related equipment. Unless you’re lucky enough to have a lot of cash on hand, the costs of doing so out of pocket may prove prohibitive. If you don’t have the luxury of waiting, you’ll need to seek financing. When that happens, you should consider an equipment loan.
Leasing terminology isn’t the kind of vocabulary you’re likely to develop in your day-to-day life, so if you’re looking at leasing for the first time, you’re likely to be confronted with a cryptic battery of jargon. One of the stranger phrases you might encounter is captive lessor. While it may conjure up images of a […]