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...
