Loan versus Lease Comparison (A Review for Financing Concrete Mixers) LOAN LEASE Payment Terms Borrower repays advance of funds with interest over a specific period of time. Leases involve the payment of rent. Terms of Ownership of Equipment Borrower holds legal title to the equipment. Lender has no expectation of return of the equipment and has…
Benefits of Concrete Mixer Equipment Finance Why do businesses ranging from mom-and-pop operations to Fortune 100 companies finance their equipment? It’s because of access to a wide range of benefits. With equipment financing, you can: Get 100% financing with no down payment Unlike requirements of most traditional lenders, you may be able to arrange 100…
10 Questions to Ask Your Lease/Finance Consultant About Concrete Mixer Equipment Lease financing is used by a majority of businesses in the U.S. and accounts for about one-third of new equipment acquisitions. Seeking to acquire equipment for your business? Here are 10 questions to help determine how lease financing can benefit your company. Equipment leasing…