10 Tips to a Successful Lease Negotiation
If you lease equipment of any kind in your business, you know how important it is for the lease to be fair and affordable. You don’t need new equipment financing to stress company cash flow. Financial surprises are preventable and unwelcome. Here are 10 tips for before and during the lease negotiation to ensure your lease achieves your financial and cash flow goals, is “gotcha” free, and the equipment fits your needs and the pricing plan fits your budget.
Are you in Jeopardy when you lease? What is Fair Market Value?
If you answer “about 10%” to the question “What is Fair Market Value,” you’re only half right. Many leasing salespeople tell customers that 10% is their best estimate of what they’ll pay at end of lease. Here are four Fair Market Value definitions that you should understand if leasing is a one of the ways you finance equipment additions.
Late charges: How late is too late?
The news is not pretty. Leasing companies are doing what they can for additional profits through the current economic down times. How are they doing it? Read how you can protect yourself from unexpected increased costs.
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