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Offers flexible financing. Equipment financing saves you from having to tie up large sums of cash purchasing equipment. With a loan, you spread the cost over the life of the loan, which can be ...
Capital lease: A capital lease allows you to purchase the equipment at the end of the lease period. You pay insurance and taxes on the equipment, maintain it and can count it as a liability.
The Farm Credit System (FCS) in the United States is a nationwide network of borrower-owned lending institutions and specialized service organizations. The Farm Credit System provides more than $373 billion (as of 2022) [1] in loans, leases, and related services to farmers, ranchers, rural homeowners, aquatic producers, timber harvesters, agribusinesses, and agricultural and rural utility ...
Equipment rental was first developed in Anglo-Saxon countries. It emerged in the UK after the First World War and has now become a multi-billion euro business providing a wide range of construction and industrial equipment for customers globally.The American Rental Association was founded as early as 1955, [1] and the first waves of consolidation took place in the 1970s in North America ...
In addition to financing, GreatAmerica offers non-financial services under its Platform Services division, which includes GreatAmerica Portfolio Services. In 2004, an investment group including GreatAmerica Leasing Corporation and CEO Tony Golobic purchased the GreatAmerica Building for $16 million. [ 4 ]
Rental of personal property or real property for periods often longer than a year, which is governed by the signing of a lease, is known as leasing. Leasing is usually used for high-value capital equipment, both in business and by consumers. A lease in which the renter benefits from an increase in value of the asset is known as a finance lease.
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