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boeberhart

Equipment Leasing Status in Jakarta, Indonesia - 1 views

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    Indonesia is one of the most famous archipelagic nations in Asia. To better understand their equipment leasing status and their market, let us know more about them first. There are 17,500 islands that make up the archipelago with 240 million population residing in the main islands of Java, Borneo, Sumatra, Suwalesi and New Guinea. They are the fourth most populous country in the world. The country is not only rich with people but also with natural resources like oil, gas, tin, copper and gold among many others. Indonesia has placed 3rd in the world for mineral resources. It has a republican government and is considered the most corrupt country in South East Asia according to the annual poll conducted by the Political and Economic Risk Consultancy (PERC). Equipment leasing plays an important role in the country's economy (US $5 billion) which has been driven by the mining and the plantation industries. Vehicle finance is the strongest contender in equipment leasing. Analysts predict that vendors and joint ventures will soon pave the way for the country's equipment leasing to international experience. The country's competitor in this field is Singapore, China and Thailand as Indonesia's infrastructure industry is the fastest to develop in all Asia, according to reports and the need for leasing equipment is a must. According to Vinod Kothari Report in 2013, leasing in Indonesia started in 1974 through a joint decree between the "Ministry of Finance, Industry and Trade and Cooperation on License for Leasing Companies" While Indonesian market has huge potential being a fast growing developing nation, there are bottlenecks at the macro-level in terms of regulatory uncertainty, poor existing infrastructure, corruption etc. With a strong potential for leasing financing in Indonesia and few players to meet the demand, leasing is already on its growth trajectory.
onyxhal

Basic Leasing Terminology - 1 views

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Axis Capital Group Inc Equipment Leasing Fraud Review

started by onyxhal on 14 Nov 14 no follow-up yet
boeberhart

Equipment Leasing Trends this 2015 - 1 views

Headquartered in Grand Island, Nebraska, Axis Capital Group has grown to become an industry leader serving equipment vendors nationwide. Halfway through 2015, we have already experienced a lot. As ...

Axis Capital Group Inc Equipment Leasing Trends 2015 Jakarta this

started by boeberhart on 27 May 15 no follow-up yet
boeberhart

Disclose Write-Offs of Outdated Inventory on Financial Statements - 2 views

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    Businesses that make or produce products depend on selling their inventories at a return, that is, at a rate that tops the price of purchase. Warning, occasionally, matters don't decipher as intended and you must write off inventory that is dented, damaged or outdated. The boundary to which you reveal damages from inventory write-offs count on the degree of the harm matched to net profits for the time. Direct Write-Offs. Using the direct way, you write off outdated or if not damaged inventory once you become informed of the harm to avoid complaints. If the shortfall is not considerable, your debit cost of merchandises be bought and credit inventory for the forfeiture total. On the other hand, in the condition that the loss is substantial, you must generate a payment account for example, loss on obsolete inventory, which you take account of the profits declaration. Debit this disbursement account as a substitute of COGS. The drawback with the direct method is that you may possibly document the write-off once the time in which the loss in fact happens, which disrupts the corresponding ethics of accrual accounting. This problem is very common in businesses in Jakarta Indonesia and in other SE Asian countries. Inventory Reserves. To perceive the corresponding standard, you make inventory reserve accounts and quote your inventory losses straight. The contra-assets accounts, Inventory reserves are with credit balances that decrease the net worth of inventory. Here is an example from Axis Capital, Inc. a group of companies based in Grand Island, Nebraska, if you quote that you must write off $20,000 of inventory in the time for the reason that of outmodedness, acclaim the reserve account and debit whichever COGS or an inventory expenditure credit for $20,000. In this manner, you identify the loss in the up-to-date stage. When you essentially should write off inventory, charge the reserve account and credit inventory for the damage amount. Drop of
boeberhart

Axis Capital Inc. NE: ADVANTAGES OF ASSET FINANCING FOR TODAY'S BUSINESS OWNER - 1 views

Asset financing or leasing bargains a range of advantages, specifically in these days' economic weather in Jakarta Indonesia. One of the chief causes that a lot of business owners pick this prefer...

Axis Capital Group Inc Personalized Review Commercial Finance Nebraska Hong Kong Jakarta Asia USA NE ADVANTAGES OF ASSET FINANCING FOR TODAY'S BUSINESS OWNER

started by boeberhart on 21 Aug 14 no follow-up yet
boeberhart liked it
jenolsson04

Business Equipment Leasing Advantages - 1 views

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    There are many benefits to leasing your equipment and business assets, extending from less financial influence to suppleness in delivering the need and appropriateness of equipment. AXIS Capital, Inc. is a Direct Lender group of companies providing quality equipment leasing/financing services along with superior customer service, headquartered in Grand Island, Nebraska; AXIS has grown to become an industry leader serving equipment vendor nationwide (i.e. SE Asian countries such as KL Malaysia, Bangkok Thailand, Jakarta Indonesia and many more) presents the followings advantages of business equipment leasing. Reduced initial cash outlay. The chief benefit of leasing is that you can in general increase the use of an asset minus initial cash expenditure than would be obligatory if you bought it. Equipment leases seldom entail down payments. Easier credit terms. You'll possibly have a simpler time discovering someone eager to lease you equipment rather locating someone keen to lengthen you credit to buy the equipment. One motive is that with a lease, title to the property stays with the lessor consequently if you overlook some payments, the lessor can hurriedly get the equipment back. Also, under a lease you may can bargain a lengthier payment phase = ensuing in reduced payment amounts= and/or a more supple payment timetable =ensuing in an improved matching of your payment obligations with your cash flow= than you would be able to bargain under a loan. Avoidance of financial limitations. This furthermore means evasion of possible complaints. An equipment lease seldom comprises any provisions that limit your future financial operations. In the contrary, it is not rare for a loan arrangement to contain limitations on your capacity to purchase additional equipment or to have a loan of extra capitals without the lender's consent. Flexibility in addressing outmodedness. Leasing
ihaiaalbert

Preparing to Ship Heavy Equipment - 3 views

AXIS Capital, Inc. a Direct Lender providing quality equipment leasing/financing services along with superior customer service headquartered in Grand Island, Nebraska, a Direct Lender providing qua...

Review: preparing to ship heavy equipment Axis Capital Group Inc Personalized Commercial Finance Nebraska Hong Kong Jakarta Asia USA

started by ihaiaalbert on 08 Aug 14 no follow-up yet
masonward75

AXIS Capital Group, Inc., Nebraska: Lies Heavy Equipment Finance Companies Tell You - 3 views

The business world as usual is changing. I have businesses in Jakarta, Indonesia and the business economy there has changed significantly. Business men/women and business organization are coming to...

Capital Group Inc Review AXIS Inc. Nebraska: Lies Heavy Equipment Finance Companies Tell You

boeberhart

Equipment Leasing Procurement - 1 views

When you are a new business, funding may be tight and stressful. Equipment procurement may be hard with a tight budget. Since we are in the age where competition is fierce, we expect that almost al...

Axis Capital Group Inc Equipment Leasing in Jakarta personalized commercial finance Procurement

started by boeberhart on 08 Sep 15 no follow-up yet
boeberhart

Axis Capital Group Funding Review: Equipment Financing On the Rise - 1 views

Axis Capital Group Funding Review Grand Island, Nebraska - From machineries to office equipment, it is possible to lease almost everything for your company. 7 out of 10 companies in America are le...

Axis Capital Group Inc Personalized Finance Jakarta Funding Review: Equipment Financing On the Rise

started by boeberhart on 27 Feb 15 no follow-up yet
boeberhart

Facts to Study Before Leasing Construction Equipment - 1 views

The construction business begins to recover on or after a depressed market and rentals of project equipment increase, Jakarta, Indonesia is experiencing the significant changes. You might be ren...

Axis Capital Group Inc Jakarta Leasing Equipment Tips

started by boeberhart on 11 Dec 14 no follow-up yet
boeberhart

The benefits of buying off-lease equipment - 1 views

Off-lease equipment is unlike than used equipment, just like a certified formerly owned car is dissimilar than a used car, says AXIS Capital, Inc. a group of companies headquartered in Grand Island...

Review: The benefits of buying off-lease equipment Axis Capital Group Inc Personalized Commercial Finance Nebraska Hong Kong Jakarta Asia USA

started by boeberhart on 24 Jul 14 no follow-up yet
death14zone

Years of good service - 7 views

I am relieved to see that I am not the only one involved in an infuriating dispute with others and their unethical business practices. I got the best in Axis.

Review: Years of good service Axis Capital Group Inc Personalized Commercial Finance Nebraska Hong Kong Jakarta Asia USA

boeberhart

Equipment Lending Myths and Facts - 1 views

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    In all businesses, there are so many things that need to be cleared up. Equipment lending is no different. Axis Capital Group Inc Business Funding , a direct lender providing quality equipment leasing/financing services from its main office in Nebraska to almost all states in America, is yet to unfold some of the facts behind myths in this industry. 1. Contrary to what banks tell you, you do not have to put your money down to buy a commercial vehicle. Banks do need down payments when they finance homes and buildings so they can just carry that policy over to commercial vehicles but with legitimate vehicle financing companies, $0 down payment is needed. 2. You don't need to offer collateral when you loan. Most banks make it easy for themselves so they get some insurance from you. If you don't have big cash for the down payment, a banker will often ask for additional collateral like land title, pledging of your account receivables, buildings or even homes. In the equipment financing companies, this is not a good policy. The equipment you are purchasing should be the collateral to support your loan. Some agents would also scam you into putting all you've got for the loan. Don't get fooled into over-collateralizing your loans, just the equipment you are buying is enough collateral- nothing more. 3. Rules differ depending on the place you are at. The government's policy may affect terms with both banks and equipment lending companies. In most cities though, like Jakarta, Indonesia and Singapore as well as in Tokyo, Japan, some companies insist that you cannot get a 100% financing including tax, title and license (TTL). Equipment lending should be able to make a partnership with you, not take advantage of you. Equipment lending isn't 100 percent about avoiding risk; it's about helping your business get the financing terms you need. So the next time your bankers tells you they can't fi
rubypel5398

Tax Write-Offs Which Is Better, Lease or Finance - 1 views

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    When you demand business equipment in your business in Jakarta Indonesia or in wherever part of the world your business may be, the choices are to purchase for cash, finance or lease, financing or cash cause in essentially the similar tax consequences. A lease works out slightly in a different way as concerns the taxes. On the other hand, being a small business, you be suitable for added tax rests on equipment, which could crack the subject of finance or lease into an insignificant issue tax-wise. Purchase with Financing. When you acquires business equipment funded using standard financing, the tax handling of the equipment is similar to cash buying. In this case, you should be very wary of scams since it is very easy for con artists to enter in the picture. You can devalue and write off a piece of the equipment price every year. How quick you can downgrade and write off the acquisition varies on the category of equipment. The interest on the loan worked to buy business equipment will likewise be a deductible cost. Business Equipment Leasing, meaning the tax dealing of a lease differs on if it is a capital lease or an operating lease. Both are offered by Axis Capital, Inc. a group of companies based in Grand Island, Nebraska. Using an operating lease, the equipment returns to the leasing company when the lease is over. Through this kind of lease, the lease payments are tax-deductible payments. By a capital lease, there is a depleted residual at the expiration of the lease then the equipment is commonly kept by the business once the lease ends. A capital lease is handled in the similar way equally standard financing for tax purposes -- you need to denigrate the equipment worth. Saying that you are a small business and pay less than $1 or $2 million each year on equipment, when you review it, it actually does not count if you finance or consume a capital lease to get equipment. The section 179 deduction permits you to write off everyt
boeberhart

Leasing of Equipments: Pros and Cons - 1 views

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    Many organizations and companies nowadays prefer to lease their business equipment needs. They have come to realize there are a lot more to consider and tons of paper works once you own something. Plus, equipments tend to be outdated overtime with the fast pace of technology and modern world. Nevertheless, there are still people who worry on whether to lease their equipments. It does not matter if you are in Males in Maldives or Jakarta, Indonesia or in some part of Antarctica but you have to be aware of these pros and cons in leasing equipments. Pros * Leasing can save you the time and hassle involved in finding someone who will extend you credit for purchasing equipment. * Once your equipment is already outdated, you can change and swap your old ones to something latest in the market and keep pace with technology. * Short-term leases give you the opportunity to evaluate whether the equipment fits your needs. You may not need the material later on and therefore you can't risk keeping it in your garage for a lifetime. * Maintenance may be included in the lease, saving you additional costs. * If you use the leased asset in your business, you may enjoy a potential tax advantage because your lease or rental payments are fully deductible under section 179 tax benefits. Cons * For startup businesses, owners are more likely to spend his own money to secure the leased equipment * You do not own it. If the equipment is much use to you, you cannot claim it for your own. You are always at the mercy of your leasing company and should always follow the guidelines they have set. * You are obligated to pay for it. Even if you are not using it, you are obliged to pay for the entire duration of the lease contract. Some companies either charge large fees for early termination or impose penalties for it or the lease is non-cancellable. Warning Signs and Tips * There are a lot of leasing companies out the
boeberhart

Equipment Leasing Rare Scams Unveiled - 1 views

Axis Capital Funding Group took note of some of the scams that you should be aware of when you apply for equipment leasing. If you think it may be impossible for big companies to pull these scheme...

Axis Capital Group Inc Personalized Finance Jakarta Equipment Leasing Rare Scams Unveiled

started by boeberhart on 05 Mar 15 no follow-up yet
boeberhart

The Benefits of Medical Equipment Leasing as Compared to Loans - 1 views

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    A lot of office managers as well as physicians in Jakarta, Indonesia turn to medical equipment leasing for the reason that it lets the practice to turn out to be, or be upheld as, a the most up-to-date facility. When you go for medical equipment leasing, capital is held in reserve inside the practice since you are able to deal on the state-of-the-art medical equipment. Many medical equipment may be leased on either long-term or short-term leases. Normally, they bid more flexibility as compare to a loan, as a result a lot of medical practice decides on choosing this alternative. However, keep in mind that there are also many frauds that are related to medical leasing. As soon as you are all set to try your medical equipment leasing preferences, rely on the experienced professionals from AXIS Capital, Inc. a group of companies grounded in Grand Island, Nebraska. Here are some of the benefits of leasing your medical equipment: While a Lease can be completed with just one once-a-month fee in advance as compare with your bank that will necessitate a 20% down-payment on a loan. By means of leasing, you may secure 100% financing and secure of frauds which indicate the software, hardware, maintenance, shipping, training and installation may all be counted in your lease contract. You may provide your patients experience the latest in technology since leasing lets you to upgrade your equipment.
boeberhart

Off Lease Construction Equipment and Commercial Vehicles - 1 views

In today's wobbly economy, the startup and seasoned business has an exceptional chance to obtain a smart deal for off leases and repos for commercial trucks and construction equipment. Because of t...

Review: Off Lease Construction Equipment and Commercial Vehicles Axis Capital Group Inc Personalized Finance Nebraska Hong Kong Jakarta Asia USA

started by boeberhart on 28 Jul 14 no follow-up yet
arienyman

Discovering the Accurate Equipment Lease - 1 views

The method for discovering a good leasing arrangement for your business equipment is actually not unlike the process for purchasing equipment. The initial pace is to verify as closely as possible p...

Axis Capital Group Inc Equipment Fraud Review

started by arienyman on 25 Nov 14 no follow-up yet
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