There are several options for financing equipment purchases, including term loans, SBA loans, equipment loans and leases and business lines of credit. Each type of loan has advantages and ...

This article was written exclusively for ForConstructionPros by small business loan provider Balboa Capital. Business owners, project managers and general contractors in the construction industry know ...

Equipment loans may have specialized terms and loan amounts over traditional business loans Equipment leases can be a capital lease or an operating lease You may need at least two years in business ...

A lease is in essence an extended rental agreement under which the owner of the equipment allows the user to operate or otherwise make use of the equipment in exchange for periodic lease payments. In ...

Operating and capital leases are two types of treatments of equipment leases. The type of lease not only determines how the lease is is booked, it also determines the tax benefits a company will ...

Last year, Valarie Moody needed two costly photo printers for Fodeo, her photo and video preservation shop in Countryside, Ill., but she didn’t want to deplete her cash reserves in the middle of an ...

Companies that own large pieces of equipment often choose to lease that equipment to other businesses. The company, or lessor, reviews the terms of each lease to determine how to record it in ...

In practice, the difference between a sales type lease and a direct financing lease is pretty minimal. Both types are considered capital leases, meaning the lessor finances the leased asset but all ...