by Kimberly Springsteen-Abbott | Apr 6, 2021 | Entrepreneurship, Finance, Kimberly Springsteen-Abbott
2020 has been a stressful year that nobody wants to remember. The chaos and uncertainties of the COVID-19 outbreak hugely impacted many industries, and the financial sector is no different. Financial services in 2020 experienced an unexpected acceleration in digital...
by Kimberly Springsteen-Abbott | Mar 30, 2021 | Entrepreneurship, Kimberly Springsteen-Abbott
To a great extent, a company’s health and overall success hinge on its ability to achieve consistent results. KPIs (key performance indicators) are quantifiable measures that highlight a company’s consistency at meeting its goals. Since running a business...
by Kimberly Springsteen-Abbott | Mar 23, 2021 | Kimberly Springsteen-Abbott, Leasing
Managing a lease involves taking care of various fundamental factors. These include creating applications, developing an installment schedule, closing and terminating the contract, creating quotes, performing installment calculations, and tracking contract balances....
by Kimberly Springsteen-Abbott | Mar 16, 2021 | Kimberly Springsteen-Abbott, Leasing
An operating lease is a viable asset funding option for companies that don’t want to carry on the risk of selling a leased car at the end of its lease. On the other hand, finance lease transfers ownership risks without handing over the vehicle’s actual...
by Kimberly Springsteen-Abbott | Feb 22, 2021 | Finance, Kimberly Springsteen-Abbott
Mini-perm loan refers to a type of funding used by investors for commercial projects. Unlike traditional loans, borrowers have a three-five-year payment duration. This type of funding is quite common in acquiring property investments. How Does a Mini-Perm Loan work?...
by Kimberly Springsteen-Abbott | Feb 22, 2021 | Kimberly Springsteen-Abbott, Leasing
What is Equipment Financing Equipment financing uses loans and leases to purchase hard assets such as a car for a business. Qualification for the loan amount depends on the equipment value under purchase. This equipment serves as the loan collateral if the loanee...
by Kimberly Springsteen-Abbott | Feb 22, 2021 | Kimberly Springsteen-Abbott, Leasing
What is Equipment Leasing? Equipment leasing is the process of obtaining equipment from a lessor allowing the lessee to use them for a specific period through a rental basis. Some pieces of equipment may be too expensive for small business owners to purchase and...
by Kimberly Springsteen-Abbott | Feb 22, 2021 | Kimberly Springsteen-Abbott, Uncategorized
How have desktop computers evolved? As the world continues to evolve, technology is advancing rapidly with the innovation of different and advanced digital devices. Laptops and smartphones are considered essential business tools in the evolving business world and are...
by Kimberly Springsteen-Abbott | Jun 8, 2020 | Kimberly Springsteen-Abbott
Buying and leasing are two completely different methods of acquiring the resources you need for your business. There’s no surefire way of telling you exactly which direction you should go, as each business is different and has different end goals. If you need...
by Kimberly Springsteen-Abbott | Apr 28, 2020 | Kimberly Springsteen-Abbott
New and seasoned business owners understand that there are many different types of expenses associated with your operations. In some cases, costs rack up before you can open the doors. This is one of the reasons why leasing business equipment is a practical option. It...
