A Closer Look at Medical Imaging Equipment Leasing

Posted by on March 2, 2012 1 comment

Rapid advancements in medical imaging are transforming patient care and enabling providers to deliver faster, more accurate diagnoses earlier; yet at the same time, many imaging providers are reluctant to invest in new equipment due to cash constraints and financial concerns.

Imaging providers at private clinics and hospitals nationwide are making do with outdated equipment as continued cuts to reimbursements and decreased revenue from philanthropy, investments and operational earnings have business managers delaying capital equipment investments.

For many imaging centers and hospitals, equipment leasing may be the answer. Equipment leasing makes it easy for healthcare providers of all types to obtain the equipment required to provide top-notch patient care, increase throughput and work more efficiently, while conserving cash and remaining flexible.

Some of the other recognized benefits of leasing healthcare equipment include: Read more »

Tips For Leasing A Car

Posted by on February 7, 2012 Comments Off

An auto lease is like renting a new car every 2 to 3 years and can be a perfect match for some auto enthusiasts. There are some “tricks of the trade” when choosing an auto lease over a purchase. Here’s what you need to know to get an auto lease and make it a rewarding and positive experience.

The first thing you will need to get an auto lease is a decent credit score. Having a credit score of 620 or better will help you get a lower interest rate on the lease. In addition a good credit score will determine how much of a down payment you may need. If you have poor credit it is very difficult to get an auto lease. Read more »

Office Leasing Mistakes – Underestimating the Time Required to Begin Your Search

Posted by on February 7, 2012 Comments Off

One of the biggest mistakes companies make is waiting until the last minute to start their search for new office space or begin their office lease renewal process. Leasing office space can be a time consuming process and one should never underestimate the time required to lease space. While it is possible to find and lease space within 30 days, it can be very difficult and stressful. Many steps can be overlooked and oftentimes you end up having to settle for subpar space and/or higher lease rates.

Whether you are searching for small or large space, or just renegotiating your lease renewal there are no advantages to waiting until the last minute. In every instance you are giving the landlord the upper hand. When they know you need to be moved in within 15 days and don’t have any other alternatives they have leverage. When you wait until you only have 20 days until your lease expires and they know you have not researched the market for alternatives they simply present you with a lease renewal proposal and ask you to sign on the dotted line. Read more »

Find Out How Equipment Leasing Tax Benefits Can Help Your Business

Posted by on February 7, 2012 Comments Off

To succeed in business these days, you know you need to be able to save as money as you can, in order to make enough to survive until the next year, and beyond. Leasing the equipment you need to run your business is a good start, because it saves you from having to purchase everything from the start. But did you know that there are also some important equipment leasing tax benefits that many business owners overlook every year? In this article, we will show you the difference between leasing options for equipment, as well as tax tips as to which type holds the most benefits for your company. Read more »

Equipment Leasing: 5 Ways Leasing Helps Cash Flow

Posted by on February 7, 2012 Comments Off

What is an equipment lease and what will it do for my business? An equipment lease is simply a long-term agreement to rent equipment. You maintain the equipment and the lease term usually does not exceed the life of the equipment. At the end of the lease term, you turn the equipment back over to the company which originally leased it to you. But in the meantime, you’ve enjoyed the use of newer equipment to grow your business without having to raise a down payment that would have been required if you tried to purchase equipment. Best of all, you are not stuck with obsolete equipment.

When the average person thinks about equipment leasing, what typically comes to mind is building cranes, dump trucks and tractor trailers. Equipment leasing is much broader than that; what can be leased has expanded considerably. For instance, leases are available for:

  • Furnishings and equipment for doctors’ offices and medical facilities
  • Office furnishings, including computers
  • Restaurant furnishings for front and back of the house, practically turn-key
  • Church furnishings
  • Agricultural machinery
  • Trucks and commercial vehicles
  • Road-building equipment
  • Construction equipment, including office trailers

Leasing is one of the fastest growing ways to acquire equipment. Companies ranging from Fortune 500 to family businesses lease a portion of their equipment. Businesses often have limited cash flow but still find themselves needing to add equipment. Let’s look more closely at the five ways leasing helps your cash flow: Read more »

Big Wave Of Lease Renewals To Roil Office, Flex Markets

Posted by on February 7, 2012 Comments Off

The last big hit from the Great Recession should descend on owners of office buildings and small flex spaces this year.

Landlords whose tenants signed five-year leases in 2007 are expected to see many of those tenants downsizing or renegotiating rental rates when their leases come due, says Tim Ruffin, senior vice president of office properties and managing partner of Colliers International’s Reno office. Market rates have fallen an average of 50 cents a square foot since 2007, Ruffin says.

As a result, net operating income will drop for landlords — many of whom already are struggling with vacant spaces in their buildings — while the balance sheets for tenants is expected to improve as they reduce their operating costs.

Expats Without a US Credit History Can Now Buy A Car

Posted by on January 18, 2012 Comments Off

Buying a car as a foreign expatriate moving to the United States can be quite challenging. International AutoSource offers a unique program that makes the car buying experience easy, and most importantly, no U.S. credit history is required. Uniquely trained professionals guide expats through the entire process to ensure all their transportation needs are met.

International AutoSource has been assisting expats without a U.S. credit history with leasing or financing for decades. Through unique manufacturer relationships, expats have access to low rate finance and lease programs.

To read more, please visit intlauto.com.

Eight Tips for Negotiating an Office Lease Renewal

Posted by on January 13, 2012 Comments Off

So I’m meeting with our landlord tomorrow to discuss a lease extension, and I’m in the process of pulling together my thoughts on the renewal.

Our office building is owned by a small group of investors, so we have a personal relationship with the owners/landlord. I consulted with several colleagues of mine, and here are our top considerations for effectively negotiating a lease or extension:

1. Be a good tenant

It’s so basic to sound business practices, but it bears repeating, particularly when you’re dealing with individuals and other small business owners. Resolve issues along the way as amicably as possible -it all comes back to you in the end. Read more »

Car Lease Early Termination – 5 Ways to Get Out of Your Car Lease

Posted by on January 13, 2012 Comments Off

Some lessees often decide that they would like to get out of their car lease or end their car lease early for multiple different reasons. Whether you want to end your car lease due to financial problems, unemployment, high payments, or simply because you no longer wish to drive the car you were leasing, it is quite possible to terminate your car lease prior to its maturity date.

Most car leasing contracts have multiple paragraphs of legal jargon dedicated to explaining your options should you wish to perform what is called an “early termination.” As per a written contract, some leasing companies or finance companies even allow you to terminate your car lease at any time throughout the term of your lease.

You should understand, however, that early termination isn’t something that your lessor or finance company is too fond of. You see, they would rather lease a car out to someone who can continually make the payments until the end of the lease.

In this article, we look at 5 different options you have to get out of your car lease early. These options are to payoff your car, sell your car, trade in your car, voluntarily return your car, or have someone else take over your car lease. Read more »

Equipment Lease Tips For Startup Businesses

Posted by on January 13, 2012 Comments Off

For a new business, trying to get a bank loan can be a challenge especially without business credit history to back up your loan application. If you need equipment financing an issue, perhaps you may consider business equipment leasing?

Who Can Lease

Both new and established businesses are eligible to apply for equipment lease financing. In fact, this financing technique has been employed by many small businesses and large corporations for a long time.

Why Lease Equipment

Rather than apply for a bank loan to buy the needed equipment, a new business owner can apply for a “lease” to avoid unnecessary delays with the business operations. Instead of waiting for months to get their business loan approved, leasing equipment involves a quicker and uncomplicated procedure.

Add to this, equipment lease financing is generally cheaper since it does not require a down payment. Many leasing companies offer flexible repayment terms (monthly, quarterly, bi-annual, annually) to complement the business’s needs.

Indeed, equipment lease financing is recommended for smaller businesses. By leasing equipment, the business owner can use its working capital on other expenditures such as purchasing supplies, hiring workers, advertising your products and services, instead of spending the money on devices or special machines. Read more »