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The rise of equipment leasing in the fight against inflation
Leasing equipment can be beneficial during times of high inflation, as it allows businesses to acquire the equipment they need without having to make a large upfront investment. This can be especially important during periods of high inflation, when the cost of goods and services is rising rapidly. When a business leases equipment, it can… Read more
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Everything you should know about equipment leasing during a recession?
Leasing equipment can be especially important during a recession, as it allows businesses to acquire the equipment they need without having to make a large upfront investment. This can be crucial for businesses that are struggling financially, as it can help them to preserve their capital and stay afloat during difficult economic times. Additionally, leasing… Read more
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Top 10 industries which rely on equipment leasing
These are some examples of businesses that commonly lease equipment, but it’s not an exhaustive list. Leasing can be beneficial for businesses of all types, as it allows them to acquire the equipment they need without making a large upfront investment. Because I specialize in equipment and software financing between $1k – $1mil, it’s important… Read more
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Financing vs Leasing, the basics.
Financing and leasing are two different ways for businesses to acquire equipment or vehicles. Financing refers to the process of obtaining a loan in order to purchase the equipment or vehicle outright. The business will make payments on the loan, which will typically include both the principal and interest, until the loan is fully repaid.… Read more
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The top six reasons restaurants lease equipment
Yes, restaurants can lease equipment. In fact, many restaurants choose to lease equipment because it allows them to acquire the equipment they need without having to make a large upfront investment. Leasing equipment can provide many benefits for restaurants, such as: In summary, restaurants can lease equipment, and many do. Leasing equipment can provide various… Read more
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Should mechanics continue to lease equipment?
Mechanics, like other businesses, may choose to lease equipment for a variety of reasons, including: In summary, mechanics may choose to lease equipment for various reasons such as preservation of capital, tax benefits, flexibility, cost-effectiveness, maintenance and repair services and predictable costs. This can be especially beneficial for mechanics in the automotive industry, where new… Read more