As readers know, I’ve done several posts on equipment leasing and different types of leases. And that continues today with the FMV lease. The FMV in FMV Lease stands for “Fair Market Value”. It’s also sometimes known as a “true lease” in business circles, probably because this structure was likely the original thought behind leasing. An FMV lease… Read More »
Being in the equipment financing business, we get a ton of interesting phone calls. And one we got last week qualifies as interesting, and also because I’ve been blogging a lot about automobile leasing, fits perfectly into a blog post. To first set the stage, I was recently discussing vehicle leasing and financing and similar, and what type… Read More »
I talked last time about vehicle financing and leasing, and why equipment financing companies don’t finance passenger vehicles. The reason boiled down to these are not 100% business vehicles, and therefore come under the umbrella of “consumer debt” in the eyes of many, which almost all commercial lenders wish to avoid. So that begs the question – just… Read More »
I’m pretty sure I talked about this before, but if I have, it was years ago. And since Fletch has a ton of new readers since then, this is a great topic to revisit from time to time. Have you ever financed or leased a car or truck? Most of you probably have – they are easily the… Read More »
This week I’m going to start a series on automobile financing and automobile leasing. This will need to be a series because there is just so much information in regards to buying vs. leasing that it could fill a book (tax advantages, which is best for a particular type of business, different types of leases and finance deals,… Read More »