What is an Operating Lease?

What is an Operating Lease?

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. Operating leases are used for all types of equipment to acquire an...
7 Myths About Equipment Leasing

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 is a third option of leasing the equipment. Leasing equipment can help...
Equipment Lease – Defining a Master Lease

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 equipment with new lease schedules under the master lease, without needing to...
Tips For A Smooth Equipment Leasing Application

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 information about the equipment you wish to lease. The equipment leasing...
Equipment Lease – Defining a Capital Lease

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 equipment you have selected for your business. You will have use of the...