Equipment Leasing Purchasing Advice & Buyer's Guide
- Equipment Leasing Guide - The Basics
Starting up a business, or even maintaining or expanding an established business, can be very expensive, especially when it comes to getting the right equipment. Whether you are starting up an excavation business, running a farm or nursery, or whether you need office equipment or items to run a store, equipment is necessary...
- Why should I lease Equipment?
In a society that places a great deal of value on owning things (houses, businesses, cars, etc.), it can seem a little out of place to lease equipment for your business. However, leasing equipment can be a very viable option for new, established, or expanding businesses. There are also many advantages associated with leasing...
- Equipment Leasing Advantages
Whether just starting a business or whether you are already established, you probably already know the importance of having the right equipment. However, it is not always possible to find or finance the capital needed to buy the equipment and pay your other business expenses. The good news is...
- Types of Lease Programs
Lease programs come in a variety of shapes and sizes. Chances are that there is at least one program that will fit well with your business. However, before you decide to sign up with a lease program, you should make sure that you are getting the proper program for your needs. And, you should also look into other options...
- Finance Leasing
There are quite a few equipment lease options available to the business owner who wishes to save some money. One of these lease structures is finance leasing. This is a specific equipment lease agreement that works much like a regular loan. However, unlike a regular loan for other types of products...
- Synthetic Leasing
Synthetic leasing is very similar to an operating lease. This type of equipment lease allows you to enjoy the tax benefits associated with owning the equipment, but still avoid actually dealing with the burdens of ownership. Because a synthetic lease is so sensitive, it is important that it is properly structured so...
- True Leasing
If you decide that an equipment lease is the way for your business to go when trying to get the equipment you need to run your business, you will need to decide which lease structure will best fit your needs. The most standard equipment lease structure is the agreement known as the true lease...
- Terminal Rental Adjustment Clause Lease
The terminal rental adjustment clause (TRAC) lease is an equipment lease specially designed for vehicles and trailers that go over the road. This can be a big truck for a trucking business, smaller trucks for delivery services, or company fleet cars. Additionally, a TRAC equipment lease can also cover trailers...
- Lease Purchase
One of the most frustrating things in business is knowing that you want to buy your equipment, but also understanding that you do not have the liquid capital or the ability to finance in order to do so. For those who plan to buy their equipment, but do not have the means immediately, a lease purchase may be the appropriate option...