Leasing Articles

Finance » Leasing | By Scott Ficek @ Monday, 31st March 2008 @ 1:54 PM

You have decided not to renew a particular tenant's lease for any number of reasons (late rent, noise complaints). Immediately after notifying them that they must be out by the 31st, they stop returning your calls and are very cold when you do see them. You never hear from them again, but you stop by at 5pm on the 31st to check if they clean up the apartment only to find them still living there. Now what do you do? I have some ideas on "Now What?", but let's first e... more...

Finance » Leasing | By Gary Terrazas @ Monday, 24th December 2007 @ 11:22 PM

Contract Hire enables companies to run their company vehicles without the worry and risks of the capital cost and future vehicle values. Perhaps the simplest way to think of a Contract Hire agreement is as long-term car hire. The contract is for a fixed term, which can be for a period of 12 months to 48 months. Typical terms for contract hire are either two or three years, normally with three monthly payments made in advance. For example if it were a two year contract of say $200 per mont... more...

Finance » Leasing | By Christine Harrell @ Monday, 10th December 2007 @ 6:38 PM

Many equipment vendors don't want to bother with financing. They figure that the customers who can afford equipment will buy and that those that can't won't. It is correct that customers on tight budgets who can't afford the equipment outright aren't going to buy. That doesn't mean they aren't potential business opportunities. Many of these customers are leasing equipment instead of buying. If you don't have a leasing program, you could be losi... more...

Finance » Leasing | By Christine Harrell @ Monday, 10th December 2007 @ 6:37 PM

Many people today dream of owning a business. Being your own boss can be liberating, not to mention profitable. However, small businesses have a disturbingly high failure rate and the new owner wants a prospect with a proven history of success. Franchises give entrepreneurs the opportunity to open a business with an established regional or national brand identity. With a plan to follow and experts to consult, your chance of success soars. Franchising is the path of choice for the slig... more...

Finance » Leasing | By Shaun Parker @ Thursday, 8th November 2007 @ 8:57 PM

Under a Contract Hire agreement the lease company will always retain ownership of the vehicle(s), the customer is simply the vehicle 'Hirer' Benefits of Contract Hire Fixed cost motoring - with Contract Hire the payments are fixed from the outset of the Contract and are not subject to interest rate fluctuations, this enables the customer to budget effectively, if a maintenance package is taken this also ensures you are protected by any costly and unexpected servicing bil... more...

Finance » Leasing | By Shaun Parker @ Friday, 12th October 2007 @ 6:07 PM

Contract Hire is a method of renting a vehicle for personal or business purposes. It differs from standard vehicle hire in that the vehicle is leased over a longer period. Contract Hire is offered on 12 to 48 month contracts but typically lasts 3 years. With Contract Hire a finance company supplies the vehicle and takes full responsibility for its depreciation, funding costs and administration. The finance company calculate a monthly rental price and usually demand a deposit of three mont... more...

Finance » Leasing | By Shaun Parker @ Tuesday, 9th October 2007 @ 8:45 AM

You can find a number of companies offering car and van hire on a long-term (usually three years or over) basis. Prestige contract hire is available to individuals, Sole Traders, Partnerships and Ltd Companies. For businesses, it offers major incentives in terms of tax and administration costs. For individuals, it appeals to those who are looking to finance a luxury car with the benefit of fixed payments that cover maintenance, warranty and breakdown cover. A lease or contract will also ... more...

Finance » Leasing | By Shaun Parker @ Tuesday, 4th September 2007 @ 2:28 PM

In today's financial climate more and more businesses and private individuals are moving away from buying their vehicles with cash or a bank loan and looking at better alternatives, which are both more tax efficient and cost effective. Contract Hire One of the most popular schemes is contract hire, which is now available to private individuals via PCH(personal contract hire) as well as the long established BCH(business contract hire) for business users. In a nut shell these ty... more...

Finance » Leasing | By Kent Harlan @ Tuesday, 7th August 2007 @ 7:01 PM

Healthcare decision makers face continual challenges when it comes to allocating scant recourses. Patients demand the best that medical equipment technology has to offer. But the equipment is expensive. Capital budgets typically fall way short of requests for medical technology. It is therefore critical that all aspects of the equipment purchases and financing be carefully considered before a decision is made. Equipment to purchase: Deciding what type of equipment to acquire can be... more...

Finance » Leasing | By Kent Harlan @ Wednesday, 1st August 2007 @ 8:20 PM

For the majority of businesses, acquiring equipment of some type is necessary to generate sales and profits. The manner in which the equipment is paid for can be critical to the future of the business. Equipment leasing can be the optimal way to get the needed machinery because of the myriad of advantages. Maintain Working Capital When you go to the bank to borrow funds for the equipment your company needs, you are usually required to place a sizable (20-25%) down payment for the loa... more...

Finance » Leasing | By Kent Harlan @ Tuesday, 31st July 2007 @ 4:11 PM

Leasing gives the healthcare provider the opportunity to enjoy the exponential growth rate of medical equipment technology. The medical community may now offer diagnoses based on information about a patient's condition that we couldn't accurately obtain using older equipment. The problem is that most organization's capital budgets just can't keep pace with the quickening of technology advances. The problem is getting worse If you're like most medical care p... more...

Finance » Leasing | By Kent Harlan @ Monday, 30th July 2007 @ 7:20 PM

When you're starting or growing a business, cash is often in short supply. One way to spend less is to lease essential office equipment instead of buying it. Unlike renting, which is much too expensive to consider as a long-term alternative, leasing computers, fax machines or furniture offers a number of critical advantages: * Leasing improves your cash flow. The main advantage of leasing is that it frees up cash. Equipment leases rarely require down payments, though you may have t... more...

Finance » Leasing | By Kent Harlan @ Tuesday, 24th July 2007 @ 3:18 PM

Some business owners look over equipment leasing contracts carefully. They make notes and question obscure language. They then send the document to their lawyer for review and request that changes be made. The attorney then contacts the leasing company to negotiate the most favorable terms. How often does this chain of events occur? Very rarely. Managers tend to skim through the contract. Most agreements are on forms, so little thinking happens and big problems occur. Nowhere is thi... more...

Finance » Leasing | By Kent Harlan @ Thursday, 19th July 2007 @ 4:51 PM

There are a wide range of options that healthcare providers can utilize to acquire much-needed equipment. This article summarizes these choices and offers advantages and disadvantages to each option. Options for equipment acquisition: 1. Cash Payments This option assumes that there is enough cash available. Advantages: * It's simple and quick. * Everybody accepts cash * Cash purchases minimizes paperwork and may help reduce purchase price. Disadvant... more...

Finance » Leasing | By Kent Harlan @ Friday, 13th July 2007 @ 9:42 PM

Healthcare providers, particularly those with a large mix of Medicare related transactions, could be in for a cash and profit squeeze. Refinancing existing medical and office equipment leases can be a way to ease the pressure. According to AMA President Jeremy Lazarus, 45% of physicians in the American Medical Association plan to decrease or stop the acceptance of new Medicare beneficiaries if Congress does not act to stop a 5% decrease in Medicare payments. These payment reductions ha... more...

Finance » Leasing | By Kent Harlan @ Wednesday, 11th July 2007 @ 4:12 PM

Vendors who offer a properly structured equipment leasing program are giving the customer a viable financing option. In addition,they are taking a major step to increase sales, market share, and profits. Yet it's surprising how many companies will not provide a leasing program. Some say it's because their customers have their own sources. Others say their customers pay cash. This mindset can be costly in a variety of ways. The biggest problem is that it can drive the customer to ... more...

Finance » Leasing | By Kent Harlan @ Tuesday, 10th July 2007 @ 8:55 AM

As medical technology is ever changing and new equipment enhancements are developed, renting equipment is a logical choice for a variety of reasons. Medical equipment leasing can keep their balance sheet intact, as monthly equipment lease payments can be classified as operating expenses. This would also allow the provider to benefit from tax deductibility. According to industry research, over $3 billion of medical equipment was leased last year in the United States. In its simplest form, ... more...

Finance » Leasing | By Kent Harlan @ Tuesday, 10th July 2007 @ 8:47 AM

Medical equipment leasing is an excellent way for providers to allow their practices to acquire state of the art equipment. The medical profession is constantly changing, so in order to remain competitive, providers must continually upgrade their equipment packages. Unfortunately, to outright buy or get a standard loan on the equipment requires a huge outlay of cash. Leasing solves the problem because no down payment is required, thereby allowing the provider to retain thousands (or hundr... more...

Finance » Leasing | By Matthew Hick @ Friday, 6th July 2007 @ 7:07 PM

Who can resist the ads? Lease the car of your dreams for a mere $199.00 and very little down. It doesn't take much to see why leasing has become a popular option for those who either can't afford to buy a new car, or can't afford to upgrade to the model they really want. On the surface, leasing a car may seem too good to be true - and oftentimes it is. Sure, leasing often gets you in a better car, but is it a better deal? For most people, the answer is no. Unless you need ... more...

Finance » Leasing | By Amy Wells @ Tuesday, 17th April 2007 @ 3:19 PM

We can't control everything in life. If you are driving a leased vehicle, you may have unexpected circumstances that prompt you to leave your lease early, and not finish the lease agreement. If you need to get out of a car lease, you do have a few options, but it is something you want to consider carefully. When you lease a vehicle, one of the benefits is the low monthly payments. Part of the trade-off is the agreement to keep the car for a specified period of time. Because of dep... more...