WHAT IS EQUIPMENT FINANCING AND LEASING?
Unsplash When a small business wants to obtain new equipment, there are a couple of different ways to do so. You have the choice to either lease or finance an equipment acquisition. For many years, the two methods were very different from an accounting standpoint. However, due to recent changes to the Generally Accepted Accounting […]
EVERGREEN CLAUSES
When you enter into a leasing agreement or other financial contract, it’s crucial to know exactly what you’re signing up for. While an evergreen clause may look standard and harmless, it is a loaded financial tool that can potentially harm your finances. Protecting yourself and your business from detrimental financial deals begins with getting informed. […]