An operating lease is a short-term equipment lease. It is considered short-term relative to the useful life of the equipment and is usually used for big equipment with a long useful life span....
What is an Operating Lease?
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7 Myths About Equipment Leasing
When thinking about acquiring new equipment most companies think they only have two choices, either purchase it with cash or get a loan from a bank or other financial institution. In reality there...
Equipment Lease – Defining a Master Lease
A master lease is a document set up between a lessor and a lessee, which spells out all of the terms and conditions of the lease agreement. This allows the current lessee to lease additional...
Tips For A Smooth Equipment Leasing Application
The first step in working with an equipment leasing company is the application. The application usually consists of information including company name, contact information, type of business and...
Equipment Lease – Defining a Capital Lease
A capital lease, also called a finance lease, is an agreement in which the lessee will purchase the equipment when the lease term is up. For example, an equipment leasing company purchases the...
Demystifying Equipment Leasing with Answers to Common Questions
Equipment leasing is when a business uses a piece of equipment owned by a leasing company for a set period of time at a set price. The lease can allow for the business to purchase the piece of...