Moving along in our current lease discussion, let’s talk about the 10% purchase option lease. Essentially, the 10% purchase option lease is similar to the $1 buyout lease we discussed last time (this post will answer a common question I get: “what’s the difference between a $1 buyout lease and a 10% purchase option lease”, to which I… Read More »
Let’s continue our discussion on equipment leasing. Last time, I gave a broad overview on the two major lease types, and then a bunch of leases that are commonly used. Today, we’ll look at the two major lease structures, and discuss the advantages of both: Let’s start with a Capital Lease. A capital lease is where the company… Read More »
I’m going to talk a little bit more about equipment leasing, and the different types of leases. I’ve mentioned bits and parts of this before in this blog, but it’s good to revisit these things from time to time for newer readers. For this post, I’ll list each type of equipment lease and a very basic description, and… Read More »
Here we are in the third quarter of 2014, and Section 179 is still sitting where it was at the beginning of the year. Most years, this wouldn’t be news, but in terms of the dollar amount of the tax deduction, Section 179 is fairly low right now. And even though we are in quarter 3, I do… 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 »