We can’t control everything in life. If you are driving a leased vehicle, you may have unexpected circumstances that prompt you to leave your lease early, and not finish the lease agreement. If you need to get out of a car lease, you do have a few options, but it is something you want to […]
Who can resist the ads? Lease the car of your dreams for a mere $199.00 and very little down. It doesn’t take much to see why leasing has become a popular option for those who either can’t afford to buy a new car, or can’t afford to upgrade to the model they really want.
On […]
Medical equipment leasing is an excellent way for providers to allow their practices to acquire state of the art equipment. The medical profession is constantly changing, so in order to remain competitive, providers must continually upgrade their equipment packages.
Unfortunately, to outright buy or get a standard loan on the equipment requires a huge outlay of […]
As medical technology is ever changing and new equipment enhancements are developed, renting equipment is a logical choice for a variety of reasons. Medical equipment leasing can keep their balance sheet intact, as monthly equipment lease payments can be classified as operating expenses. This would also allow the provider to benefit from tax deductibility.
According to […]
Vendors who offer a properly structured equipment leasing program are giving the customer a viable financing option. In addition,they are taking a major step to increase sales, market share, and profits. Yet it’s surprising how many companies will not provide a leasing program. Some say it’s because their customers have their own […]
Healthcare providers, particularly those with a large mix of Medicare related transactions, could be in for a cash and profit squeeze. Refinancing existing medical and office equipment leases can be a way to ease the pressure. According to AMA President Jeremy Lazarus, 45% of physicians in the American Medical Association plan to decrease […]
There are a wide range of options that healthcare providers can utilize to acquire much-needed equipment. This article summarizes these choices and offers advantages and disadvantages to each option.
Options for equipment acquisition:
1. Cash Payments
This option assumes that there is enough cash available.
Advantages:
* It’s simple and quick.
* Everybody accepts cash
* Cash purchases minimizes paperwork and […]
Some business owners look over equipment leasing contracts carefully. They make notes and question obscure language. They then send the document to their lawyer for review and request that changes be made. The attorney then contacts the leasing company to negotiate the most favorable terms. How often does this chain […]
When you’re starting or growing a business, cash is often in short supply. One way to spend less is to lease essential office equipment instead of buying it. Unlike renting, which is much too expensive to consider as a long-term alternative, leasing computers, fax machines or furniture offers a number of critical advantages:
* […]
Leasing gives the healthcare provider the opportunity to enjoy the exponential growth rate of medical equipment technology. The medical community may now offer diagnoses based on information about a patient’s condition that we couldn’t accurately obtain using older equipment. The problem is that most organization’s capital budgets just can’t keep pace with the quickening of […]
