Every business, large or small, requires some equipment; the major decision lies with whether to lease or purchase the equipment. There are pros and cons to both purchasing and leasing equipment, and each business owner must decide what’s best for them. Whether you decide to purchase or lease the equipment for your business, financing will likely be a necessity.
Equipment Leasing
Entrepreneurs Experience Trouble in Getting a Small Business Loan
Small business owners have become increasingly pressed to find avenues of getting a small business loan.
Small Business Credit Card Owners Still at Risk
Individuals looking to find credit for small businesses should be wary, Bloomberg Businessweek reported. Small business owners may be at risk when using credit cards.
Survey: Mobile Small Businesses Are More Productive
A mobile workforce is a more productive one for small businesses. Mobile device technology and accessibility is helping with the improved productivity.
Data Backup, Recovery Disruptions Cost Small Businesses
Data backup and recovery failures cost small businesses. Causing many to consider updating their technology equipment through equipment leasing.
Small Business Confidence Rises in May
According to the National Federation of Independent Business’ Small Business Optimism Index, small business owners are becoming increasingly confident.
Natural Disasters Concern, Cost Small Businesses
Small business owners walk a tight rope when they are unprepared to deal with natural disasters that cause billions in economic losses. Natural disasters caused billions in economic losses last year, and many small business owners are unprepared to deal with such occurrences.
Trucking Companies Find Better Business Conditions, Expect Economic Pickup
U.S. trucking is on the rise, and a recent survey found a number of carriers will look to replace outdated equipment as business conditions get better. However, they may need help financing equipment leases.
U.S. Restaurants Have Big Summer Hiring Expectations
American restaurants will look to hire during the upcoming summer months, so they may need a working capital loan or restaurant equipment lease financing from an alternative lender to cover costs.
Equipment Leasing Industry Makes Big Gains in April
Equipment leasing among U.S. businesses picked up in April, as small business owners lease equipment to expand and improve their businesses.