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 »
It’s funny – all this time I’ve been writing about Section 179 and equipment financing, and I never really explained why Section 179 is sometimes referred to as “the Hummer Tax Break” (even though I’ve called it that numerous times here.) Way back in the early 90’s, a civilian version of the military’s “HumVee” was made available. And… 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 »
Continuing our series regarding vehicle leasing and financing, let’s talk about something that my company gets asked all the time, but doesn’t engage in – leasing or financing passenger vehicles to companies. On the surface, it seems a little odd, right? Because there are many, many companies who use passenger cars. In fact, one of the perks for… Read More »