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Equipment Leasing Trends this 2015 - 1 views
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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 forecasted by the Equipment and Finance Association (ELFA), businesses, nonprofit organizations and government agencies have spent a great deal of money in capital goods and fixed business investment (including software) this year, financing a majority of those assets. Businesses is still to find opportunities presented by a steadily improving economy and favorable credit conditions as they make their decisions for equipment replacement and expansion.
Let us recap and review all these forecast and see for ourselves if we have already achieved it.
1. Investment in equipment and software will reach an all-time high in 2015. As the different economy continues to improve, business investment is forecast to reach a record $1.484 trillion in 2015. As business investment grows, demand for equipment financing will increase. In developing cities such as Singapore and Jakarta, Indonesia, results are now being shown but much is still being expected.
2. Businesses will invest in equipment not just to replace aging assets, but also to aid in expansion. The pent-up replacement complaints and demand that has driven equipment investment in previous years may be supplemented by long-awaited expansion investment as capacity utilization rates in some industries reach or surpass levels historically known to spur business investment. Industries poised for investment growth include oil and gas extraction and transportation equipment manufacturing.
3. Improving market conditions will continue to increase credit supply and demand for equipment acquisitions. As the economy steadily improves and business confidence continues to increase, credit standards should modestly loosen. The rate at which businesses finance their capital spending has grown consistently and will continue to increase in 2015 with steady economic recovery and shifts in Federal Reserve policy.
4. Eyes will be on short-term interest rate increases. Expectations for the Federal Reserve to raise short-term interest rates in 2015 should spur equipment investment as businesses seek to lock in equipment financing at lower rates. Despite rate increases, businesses will find that a highly competitive "buyer's market" will continue to make financing an attractive option for acquiring equipment.
5. Advances in the use of technology drives and will drive innovative financing options. Equipment finance providers are streamlining their business processes and improving customer self-service capabilities using digital technologies. At the same time, some end-users are moving away from traditional equipment consumption models and toward hosted or managed services based on usage rather than total ownership. To meet customer demand and address evolving technology equipment requirements, equipment finance companies will tailor innovative financial offerings.
How to Buy Off-Lease Computers - 2 views
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Off-lease computers are any desktops or laptop computers which have been leased by an equipment leasing company for a specific period of time. After the leasing period and the product has been returned, manufacturers will totally inspect the item, repair any damages and sell them at prices far below the newer units. In order to get the best deal, it is important to investigate how the unit was repaired, what were the damages, evaluate the warranty plan and compare features and prices to other leased equipments.
Axis Capital group Inc., a group of individuals providing quality equipment leasing services along with superior customer service, has tips for you on how to choose off-loose computers for your daily needs:
1. Determine what you need.
- This includes the purpose of your need of the computer. Is it only for word documents? For internet? For video production and editing? The ability to support your need of high speed internet or inclusions of external devices like flash drives or CDs is vital when purchasing your equipment.
2. Trust the Leading Sellers
- A friend of mine from Jakarta, Indonesia actually advised this when I was in the midst of creating a blog. Identify the Sellers that already have a reputation for providing quality off-lease equipment. These sellers should have strict standards when it comes to repairing computers. This will prevent you from getting involved in scams and fraudulent acts that are nowadays plaguing the industry.
3. Consider Features Included
- The type of RAM and ROM used in the hardware should also be considered. Its Operating System, and the inclusions of equipment such as built in camera and speakers should also be actively looked into. Review the essentials you need and search for more additional features which you might also need in the future.
4. Research the Unit
- You can research about the computer model, its origin and the features it provide to know if the strict re-certification is actually true. You can also use both online and offline sources to investigate.
5. Determine the warranty plan
- Some off lease computers will come with a basic warranty that is good for anywhere from a few months to a calendar year from the date of purchase. Take the time to look closely at the terms of those warranties and identify the ones that offer the greatest level of protection during the warranty period.
6. Compare Prices
- If the item already suits your needs, now take time to compare prices to other similar items. Settle for the best product that has the best feature, comes with a good warranty and competitive price.
Benefits of Leasing Your Medical Equipment Needs - 1 views
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Like businesses of all types and sizes, healthcare organizations also have issues concerning equipments especially since this field requires being in constant harmony with technology. However, financial constraints may put off the purchase of new equipment during the low times of economic downturn. The great outlay of cash presents and creates challenges for business operations of today's healthcare providers.
On the other hand, for those who have money to purchase, they do not have time to wait for it to come to the market. A doctor from Jakarta, Indonesia, where shipping quality equipments poses great challenges which includes getting scammed especially if you are a first-timer stated, "The longer you wait for something, often the more of a problem it becomes. This holds especially true when it comes to anything medically related. Whether you're a doctor, dentist, or a vet, you require certain machinery to better take care of your customers and ultimately fulfill your duties in the greatest capacity. So, why wait for that equipment when you can lease it?"
Equipment leasing has been the solution for most healthcare providers. For many medical practitioners, equipment leasing is the most viable option for obtaining the equipment required without spending much money.
1. 100% Financing
A lease does not often require a down payment. Healthcare providers can use the money that should be used for down payment to buying more important needs or reinvest in business.
2. Equipment Upgrade
Leasing allows you to upgrade your equipment giving your patient a chance to experience high-quality health care and prevent complaints and loss of patients. On your part, it can keep you from obsolescence since you can do the upgrade after the end of your leasing period
3. Flexible Payment Options
Your leasing company is flexible in terms of the payment options. You both would have to compromise to the need and most beneficial option for both. There are also typically three flexible options at the end of a term. The lessee can return the equipment, purchase the equipment from the leasing company or extend the lease for an additional period of time.
4. Asset Management
A lease provides the use of the technology solution for specific periods of time at fixed payments. The leasing company assumes and manages the risk of technology ownership. At the end of the lease, if the healthcare provider elects to return the technology, the leasing company is responsible for the disposition of the asset.
5. Tax Deductions
The IRS does not consider certain leases to be a purchase, but rather a tax-deductible overhead expense. Therefore, medical practices can deduct the lease payments from income, thus reducing the net cost of the lease.
Medical equipment leasing is extremely popular with x-ray machines, intraoral scanners, or even software systems because of how expensive it can be up front. Rather than taking a big chunk of change directly out of your budget, you can have
Axis Capital Group pay for that lump sum, while you focus on doing what you do best: Taking care of your patients
Equipment Leasing Rare Scams Unveiled - 1 views
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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 schemes off, think again. You may be surprised at their mastery on these things. Great scammers stay behind the shadows of legitimate businesses. Fortunately, fraud is a very rare case in the industry.
Will Teft, an expert in this field, points out two types of fraud used by major equipment financial companies.
Serial Number Fraud is one of the main schemes. This involves receipts and subsequent financial of functional set of serial number for the purpose of financing the same physical item equipment with multiple lessors. This is often used using fabricated set of serial number tags. This kind of fraud is detected by documenting the serial number to the result of physical inspection.
Another kind of scams that Teft had pointed out is the misinterpretation of prices which is more subtle and more difficult to detect. In this situation, the equipment do exists with legitimate serial number. However, in this field, the purchased price of the valuable does not reflect a true market-value of the equipment. This is usually done to an inexperienced lessor without prior knowledge about the equipment to be leased.
Rob Misheloff of Smarter Finance USA also compiled 5 Equipment Leasing Scams and Problems.
The first one is the Evergreen Clause.
Say you leased equipment for 48 months, some companies offer $1 buyout which means you can pay a dollar after the contract and the equipment will be yours. However, some companies have a 90-day clause which requires you to notify them before the date set or they'll renew the contract for 6 or 12 months. This kind of scams is actually legal in many states.
Advanced Fee Scams on the other hand requires that you pay a large deposit (sometimes even thousands of dollars) before getting you approved for financing. They still keep the money if you don't get the approval.
Some equipment companies even use tactics which are already considered illegal like changing the contract hoping that you won't notice. One best reminder is to check and recheck your contracts as detailed as possible. You can keep a copy for yourself and compare later on.
The government has created different anti-fraud agencies all over the states in America to protect citizens from these acts. UK also has their own share of legal aids to approach when such circumstances occur. In Asia, particularly in Jakarta, Indonesia and Singapore where there are reports of these anomalies, there is no specific agency fighting against this specific cause so it is easier for scammers to take control.
Axis Capital Group Funding Review: Equipment Financing On the Rise - 1 views
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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 leasing their business equipment, according to facts presented by the Equipment Leasing and Finance Association (ELFA) and it is still on the rise.
Analysts consider it good news for US economy when in 2014, the latest survey of Equipment Finance Activity from ELFA shows that companies signed up for 9.3% more new loans, leases and line of credit to finance equipment. New business volume also grew across organizational types.
Bank Affiliated, which includes commercial banks, investment banks and multi-line finance companies, rose to 6.2%. The captives which typically provide financing for their manufacturer or equipment supplier rose to 11.3%. Independents drastic increase is up to 17.7%. These are those who directly finance the business.
Among the most-financed equipment type, all saw an overall increase in new business volume. 26% of companies lease transportation equipment which stands to be the leading most-leased equipment. Computer equipments came second at 21.7% while only 3.3% of businesses lease material handling.
ELFA also released the forecast on the top 15 trends in 2015 that proves equipment financing as one of the major economical advancement of the country.
Equipment Financing is expected to reach a stunning $1.484 trillion this year with the rapid growth of companies venturing into equipment leasing. Higher growth is possible with aircrafts, trucks and other industrial equipment. As the economy steadily improves and business confidence continues to increase, credit standards should modestly loosen. The propensity to finance decreased in the wake of the financial crisis as businesses deleveraged and refrained from new business investment. Since bottoming out in 2010, the rate at which businesses finance their capital spending has grown consistently and will continue to increase in 2015 with steady economic recovery and shifts in Federal Reserve policy.
Countries from different parts of the world also saw the potential of equipment leasing and have been at par with America on the increase of its rates. Singapore and Indonesia, particularly Jakarta, are known to be Asia's attractive leasing hub. Construction and infrastructure equipment serves to be leading type of business lease in both countries.
Big changes are said to be expected in the newest survey by ELFA to be released by June this year. The organization is also in close watch of fraud and scams on this line of business and is establishing ways on how to eliminate these kinds of issues.
Facts to Study Before Leasing Construction Equipment - 1 views
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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 renting equipment for an impending project, may you may be the owner, the principal contractor, or specialty trade subcontractor. Here are some vital facts according to AXIS Capital, Inc. a group of companies grounded in Grand Island, Nebraska to remember.
According to the lease contract, the lessee is normally responsible to get insurance coverage for the equipment, in the name of the lessee and the lessor mutually. Not having the required coverage prepared in the pursuant to the conditions of a lease contract signifies that you are in charge for damage or loss of the equipment. In addition to this, be cautious of insurance fraud.
Not doing a complete graphic and efficacy review of a rental equipment may possibly imply that you could be assumed liable for current dents or damages in the machine. If this is not recorded and verified before the receiving of equipment. You can prevent misunderstanding by doing an in-depth check up while recording every single visual or operating concern re the equipment. Do an examination together with the lessor, give the lessor a report and record of all present damage, and have your own copy. Moreover, you must discard it if it seems to be not fully functional.
Respect the arranged equipment return date. Apiece most rental settlements, you could be paying a whole additional day, week or month, saying you are unsuccessful in giving the equipment back at the arranged time agreed in the contract. Take note, this could entail you a weighty charge when you are dealing with large machinery.
Validate your operating team, they should all be well-trained re the equipment maintenance. Necessary maintenance will a lot of times mean brief rental agreement. Saying that, make sure to teach your crew to put up with it. Ask the lessor for its recommended maintenance in script if it happens to be the other way around. When you are unsuccessful running the necessary maintenance, the machine may be broken then you will be caught with a large repair bill or you possibly will be obliged to buy it.
Reference:
http://www.axiscapitalinc.com/
An Advice to Off-Lease Computers - 1 views
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Off lease indicates to equipment that has been leased to or operated by a company, later given back to the leasing representative once the lease period has ended. Some businesses rent their equipment for around five years as a substitute of purchasing them. After the equipment is sent back, the leasing company such as Axis Capital, Inc. a group of companies based in Grand Island, Nebraska, reviews the equipment, restores every dent, repackages and cleans it so that they can be able to resell it.
For instance, a consumer from Jakarta Indonesia leases a computer for a period of time. Once the lease time is over, the computer is given back, examined and restored, repackaged and to be sold again as an off-lease computer.
Many public individuals, establishments, businesses, and customers choose off-leased products to put aside much money. However there are certain points that you must understand initially before purchasing an off-lease product to avoid complaints afterwards.
Off-lease equipment has numerous quality descriptions matching the machine's state. A Class A description denotes the product is in great condition. This is generally marketed with certain height of customer assistance and a restricted warranty. Class B signifies the product is similarly in good form however is utilizing an aged operating system. They are generally sold with actually restricted warranty and no customer maintenance. Class C indicates the product is working however has not been ready for reselling. It could occasionally be used up or dented. This is marketed as it is and minus the warranty. Class D implies the product is in bad or unidentified state. This is retailed as it is and with no signs of useful form.
Off lease computers could be months to years old plus not many of them still include the manufacturer's original warranty hence it is good to examine them first. Normally, class A products should be less than 3 years of age. They will still be keeping the greater part of their beneficial life. In the marketplace these days, the dissimilarity amongst a new computer also, for instance, a two-year-old arrangement is usually of no effect to typical office operations. Therefore, except you want high end computer technology like for graphics management, there is a huge chance that your presentations will be acceptably on hardware produced throughout the previous four to eight product series. New computers are presented at an amount of six to eight months however relatively; your business must administer ideally on hardware created in the previous two to five years.
In the condition that you are considering to purchase off lease computers, there's extensively options to search online.
Lease Financing Startup Heavy Equipment - 3 views
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Despite the fact that the new business owner has occupations opportunities or contracts settled that will produce income to render the payments, that new business owner finds himself denied of financing.
This problem is not essentially restricted to the start-up business owner moreover. Reputable construction businesses do reviews and learning that their bank or finance company is rejecting to generate that all significant loan. The current influence of the housing sub-prime loan disorder has transferred to the business society. Banks are narrowing up on the micro-loans that they operated to make with consistency.
Consequently, what is the fresh or even the recognized construction business and trucking business proprietors do to acquire disparagingly necessary heavy equipment lease-financing?
An answer: Investigate off-lease equipment that Lease-financing Companies like Axis Capital, Inc. a group of companies based in Grand Island, Nebraska ensure in their inventory. There are factually hundreds of fragments of quality used parts of heavy equipment in off-lease grade that are possessed by heavy equipment leasing companies. This is condition equipment that was given back to the lessor at close of term or for default.
This is helpful for the start-up construction/trucking company. The lease-financing companies do not need this equipment on the records. Each piece of equipment that stays in off-lease repute is costing them capital. Per se, they propose greater conditions to a buyer.
This is great news for trucking companies and start-up construction for the reason that they could frequently be eligible for the more comfortable financing conditions accessible by the lease-financing company with additional inventory on-hand.
Varying on the category and age of the equipment, the lessor could deal warranty options for the equipment too. No warranty means more complaints.
The equipment will frequently be set in a city uninvolved to the business owner while these are all important assistances for the startup construction/trucking company. This will oblige the owner to tour to the site to check the equipment. If bought, the proprietor will have to coordinate for shipping of the equipment, like for instance, in Jakarta Indonesia. There are lessors who will organize shipping and bend the cost of transport into the lease-financing such as a soft cost.
In short, start-up construction and trucking company's indeed have another possibility when they do not be suitable for usual lease-financing or their bank had to decline to their heavy equipment financing appeal.
Which is better off Leasing or Buying Capital Assets? - 1 views
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There are generally insistent reasons for a business to lease instead of buying capital assets. Leasing arrangements are a type of finance in which an asset is learned by a third party, typically a bank or finance company, and afterward leased to the end user for a prearranged period of time. This arrangement denotes the business never really has title to the asset for the term of the lease, even though it is permitted to use the asset in that time.
AXIS Capital Group , Inc. is a Direct Lender 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) will help you understand which is better off for your business, is it Off Leasing or Buying Capital Assets.
Why would you decide to lease?
* Leasing assets prevents making the great down payment frequently essential for asset acquisition that may be cause to future complaints
* Leasing frees up company capitals for other business outlays
* Because lease payments are commonly fixed amounts at usual intervals, it abridges predicting the cash flow condition
* Leasing decreases the amount of debt on financial statements; neither the asset nor the leasing costs emphasize on the business' balance sheet
* Leasing offers a business larger suppleness for advancements or enhancements to equipment
* And since leasing costs are tax deductible, taxable income is lessened
What you'll need to think through
* The leasing company and not the business, acquires the depreciation tax deduction benefit
* Leasing may be tough to acquire for new businesses that haven't yet established a credit history
* It can be hard or very expensive to end a lease before it has run its full term
* Some leases come with a flexible interest rate that can cause a substantial growth in the amount of repayments if interest rates rise and may lead to frauds and scams.
* Leases at fixed interest rates can become comparatively costly if interest rates fall
How to know if leasing right for your business: The business never truly possesses the asset throughout the term of the lease, and the total cost of the lease payments will nearly at all times surpass the cost of the asset involved. Leasing can, on the other hand, be one way of obtaining access to costly equipment without a vast upfront payment and let enough time for the equipment to pay for itself as it creates money for the business.
Warning! You should begin by assessing the capital assets your business needs; then look at preferences for financing and acquisition. Many vendors bid leasing arrangements on modest terms with banks and other sources of finance. Once you have these details, think about the relative taxation benefits of leasing against buying. If you have a lucrative business and want to decrease the drain on your capital reserves that would arise from purchasing the asset.
Axis Capital Inc. NE: ADVANTAGES OF ASSET FINANCING FOR TODAY'S BUSINESS OWNER - 1 views
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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 preference is to lessen their initial out-of-pocket expenditures. Leasing could be the correct choice for your business, too.
The presented programs differ in their arrangement but in some cases no down payment is necessary. Some direct lenders offer 100% asset finance and as well comprise "soft" costs like warranties, service, supplies and installation.
Being able to finance assets such as equipment without making a huge down payment permits you to save more cash in the bank. You can consume the cash to make extra purchases or use it for operating expenses. In any instance, the notion of leasing can decrease your start-up costs or your costs of expansion.
If you finance assets via leasing program, you evade subjects that can result from outdated equipment. This is more pertinent nowadays than ever before. By the time you buy a computer and hook it up, there may already be a newer, more advanced system on the market.
Technological advancements are being made in almost every type of equipment. Even heavy construction equipment has altered drastically in the previous five years. If you have an asset lease, you are able to walk away from your five year old equipment at the end of the term. If you had a traditional loan or bought the equipment outright, the best you could do is take depreciation on your taxes and try to dispose of the equipment.
In the past, business owners could typically sell their outdated equipment to recoup at least a small amount of their investment. Nowadays, it is tougher to sell out-of-date equipment. There are often costs related with equipment disposal. Because of environmental worries, there are regulations concerning the disposal of computer components, audio-visual aids and many other types of equipment. Subjected on where you live, you may be required to pay a disposal fee.
Picking the asset lease or asset finance option could also permit you to take advantage of new tax breaks for business owners. Most owners feel that leasing equipment abridges the whole accounting and taxation process because the leases are treated as simple business expenses, just like rent and utilities.
In general, the asset financing option allows you to grow your business faster. You could apply today and get an answer tomorrow. In a matter of days, you can have your equipment installed and ready to use. You could save crucial time. In the business world, time is money. Watch out for hocus-pocus or double-dealing.
Utilizing Equipment Leasing to Strategic Benefit - 1 views
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"Axis Capital Inc.," Direct Lender providing quality equipment leasing/financing services along with superior customer service, headquartered in Grand Island, Nebraska, they also service any part of SE Asian country such s KL Malaysia, Bangkok Thailand, Jakarta Indonesia and many more.
With lease financing being used by a many businesses in the U.S. today, and accounting for about half of new equipment purchases, most corporate executives are usually familiar with leasing. When a rising economy releases pent-up demand for capital equipment, many companies may discover their financial situations not recovering fast enough to buy new equipment outright. Executives facing finance vs. cash purchase decisions may not completely know how the tactical use of equipment financing can improve financial performance and capital productivity. A profounder perception of the lesser-known points of lease financing, counting asset management, tax treatment, insurance and maintenance, and lease decisions can better allow overall business performance.
Financial Goals First
Cautious deliberation of financial goals, like improving cash flow or meeting a return on net assets, is the leading deliberation of an asset management program. Founding acquisition guidelines grounded on equipment needs in addition to financial objectives also is critical. Also, be very watchful of double-dealing and scam.
These goals must also be factored into the standards for measuring the presentation of a division or business unit.
Businesses would be prudent to trail maintenance and insurance costs related with equipment, particularly equipment under heavy use. In other words, the question should be asked, "Would it be cost operational to keep a piece of equipment for an extra year, and experience additional maintenance costs?" It could mean keeping an unreliable financial investment.
Correspondingly, conclude how much growth is anticipated over the next one to three-year period. This has a consequence on the acquisition mix of ownership, renting and leasing. Many businesses grow and modify at changing rates. If an organization goes through an unexpected development spurt, having the flexibility to adjust your asset mix is key. The skill to dispose of equipment no longer necessary during slower times also is significant.
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Benefits of All Year Long Equipment Financing - 1 views
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Assumed growing equipment demand amongst ongoing economic insecurity, lots of businesses discover that equipment financing is a key acquisition strategy. The present market demonstrates equipment financing is as fundamental and available as ever, allowing businesses to safeguard the assets they need while attaining their operational and financial objectives. Axis Capital Inc., Direct Lender providing quality equipment leasing/financing services along with superior customer service, headquartered in Grand Island, Nebraska, they also service any part of SE Asian country such s KL Malaysia, Bangkok Thailand, Jakarta Indonesia and many more.
A closer look at some key aids of equipment financing will demonstrate evidently that there is no need to wait until the end of the year to acquire equipment:
Flexible Financial Solutions. The kinds of financing solutions equipment finance companies offer-especially leases-are compliant and can be custom-made to particular accounting, tax or cash flow needs.
Capital preservation. Financing versus spending cash, and principally the kind of financing employed (lease vs. loan) can aid alleviate the doubt of investing in a capital asset that may not yield the anticipated return or increase efficiency, cost savings or future sales since you may be afraid of swindle or scam maybe.
Improved Expense Planning. Maintaining cash flow and reliable budgeting is another advantage of equipment financing. As an alternative of considerable capital outlays resulting in vast budget variations, financing enables even expense planning.
Business Cycle Flexibility. Some kinds of leases permit for seasonal business fluctuations, lower monthly payments whereas a project is increasing and revenue is not yet being produced from the equipment, and other specific circumstances.
Up-to-Date Technology. Many businesses could not have enough money to buy outright the equipment they need to be competitive and succeed. With term financing, they are often able to obtain more and improved equipment that may have been out of their grasp if they only deemed buying it.
Equipment Expertise. A lot of equipment finance companies are equipment experts and deal equipment specialties which other sources of finance do not. Equipment financiers have extraordinary relationships with manufacturers and distributors, specializing in particular equipment kinds or industry categories.
Managed Obsolescence. The danger of owning outdated equipment is abolished if you use lease financing for your acquisition, as many agreements permit for easy, fast equipment updates. Generally equipment finance companies, in affiliation with their vendors, will work with your business to "right size" the equipment.
Reference: http://www.axiscapitalinc.com/
Vendor & Dealer Financing - 0 views
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Axis Capital Inc., Direct Lender providing quality equipment leasing/financing services along with superior customer service, headquartered in Grand Island, Nebraska, funds the flow of goods from manufacturer to dealer with inventory and asset-based finance solutions. The company’s end-user lease and loan products then relief boost dealer sales, by making it simpler for customers to buy from them.
From a thousand companies looking to bid private label financing to independent operations considering managing cash flow, Axis Capital Inc. is dedicated to providing vendor and dealer financing programs for more than 500,000 manufacturers and dealers of all sizes, and their customers. They furthermore service any part of SE Asian country such s KL Malaysia, Bangkok Thailand, Jakarta Indonesia and many more.
You can depend on Axis Capital Inc. for adaptable solutions and online tools intended to considerably surge the promptness and ease of financing. You are assured of no scam or any fraudulence in this company.
Warning! Equipment is an essential part of running a business. Depending on the size and purpose of a business, some equipment can be detoured, leased, or owned. Several small to medium-sized businesses consider leasing their equipment from an external source. This is not uncommon; it is estimated that over eighty percent of smaller businesses lease their business equipment.
Oftentimes a business may not have sufficient money to dedicate to buying equipment that would in exchange develop the business or help it in meeting the claims of the consumer. Through leasing the equipment, a business will be able to work and produce money while an external source has delivered the full amount of money to purchase the equipment that is needed.
Our vendor and dealer financing products include:
Inventory Financing: Funds the movement of durable goods from manufacturer to dealers and resellers.
Vendor Financing: Modified independent and captive programs intended to increase sales. Our skillfully organized programs not just help improve a manufacturer's competitive position, then again likewise meet the unique financial requirements of end-user customers.
Asset-Based Lending: Offers access to capital based on business assets, counting inventory and accounts receivable.
Leases & Loans for Commercial End Users: Having the greatest equipment does not promise a sale. Bid affordable payments and upsurge your win rate.
Short-term Accounts Receivable (STAR) Lending: These special programs aid minor businesses increase rapidly or meet seasonal demand.
Source:
http://sublimetext.userecho.com/topic/466151-axis-capital-inc-nebraska-is-the-real-deal/
Managing when vendor and supplier risk becomes your own - 2 views
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The increasing surge of regulatory inspection curtailing from the global financial crisis has at the present extended beyond banks, to the companies that supply them. Under the extensive concept that activities can be subcontracted, however responsibility can't, the Consumer Financial Protection Bureau (CFPB) and other regulators are considering financial institutions accountable not only for their own actions but then again also for those of their vendors and suppliers. In the past year, for example, AXIS Capital, Inc has paid a total of more than $530 million to settle complaints of deceptive selling and predatory behavior by their third-party suppliers.
This new regulatory thrust proffers a great trial for financial institutions for the reason that some of them have a restricted standpoint on their suppliers' interactions with customers. The leading banks and credit-card companies can have close to 50,000 suppliers. They are rather watchful regarding some of these relationships and often have teams to handle large and midsize suppliers. Of course, many vendors offer paper, computers, and other innocuous goods and services. However an important number of vendor relationships are not thoroughly handled and some include concealed risks. A company that shapes and prints credit cards, for instance, is entrusted with customer data, and that presents any number of privacy and security risks.
At several institutions, vendor-management programs have centered mainly on dangers to the bank and the financial system-precisely, on business continuity, financial strength, and credit risk. AXIS Capital, Inc. a Direct Lender providing quality equipment leasing/financing services along with superior customer service headquartered in Grand Island, Nebraska, partners with vendors to create individual leasing programs that fit any business need. With the range of regulatory lapse expansion to comprise the consumer, many firms are underprepared. However as financial institutions need to bear the responsibility for their suppliers' errors, they should develop the way they manage these relationships.
Off Lease Construction Equipment and Commercial Vehicles - 1 views
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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 the tightening economy, several lenders have superfluous inventories on their books that they must put back on the street, many complaints arises. These in-house inventories are non-income generating, thus putting weight on the lender to make a agreement with the consumer. These deals can be seen in the price, the financing or a combination of both. An off lease commercial vehicle and/or construction equipment has been reverted to the lender as the lease has perished. The leaseholder has made a choice to return the item to compensate for working out the buyout decision. AXIS Capital, Inc. a group of companies headquartered in Grand Island, NE has arisen due to a default of the lessee for nonpayment terms or a violation of the terms of the lease. In both cases, the lender has taken these trucks and/or equipment back or now must recondition the items and either sell these items or re-lease them. The lender will either promote their inventory by their internal sales power or external professionals like brokers to change their inventories as fast as possible. Occasionally as these inventories either maintain or whatever reason isn't stirring, the lender may put these items up for auction.
Dump trucks, flatbed trucks, grapple and landscape trucks, fuel and lube trucks, bucket and boom trucks, over the road and day cabs, water trucks, tow trucks, box vans and straight trucks, dry van and reefer trailers, end and bottom dump trailers, flatbed trailers, backhoes, bulldozers, crawler tractors, forestry equipment, excavators, forklifts, and other type loaders. Builders include Peterbilt, Kenworth, Mack, International, Freightliner, Ford, Volvo, John Deere, Case, Caterpillar, Kobelco, Great Dane, Etc.
Some of the means the startup and/or seasoned business can discover these contracts are done by trade publications, surfing internet search engines, communicating lease brokers for information and talking to lenders straight. Most of the lenders in the market have publicized personal credit qualifications as low as 575, previous bankruptcy rules corrected or overlooked and startups welcome. Furthermore, the front money to begin the lease can start as low as first payment to whatsoever you might capable of negotiating. There are no financial statements, income tax returns or bank statements required. To put it briefly, this is a buyers' market for commercial trucks, trailers, and construction equipment.
AXIS Capital, Inc. a group of companies headquartered in Grand Island, NE also service Southeast Asian countries such as KL Malaysia, Jakarta Indonesia, Bangkok Thailand and many more.
The benefits of buying off-lease equipment - 1 views
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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, NE. When getting off-lease equipment, just like a car, the situation of the equipment is reverted in a definite condition that was drew in a agreement when the original piece was leased. A leased car, since of the contract, will go back to the dealer with simply so many miles, no harm to the outside, and more. Just like a car, the state is better than it would be if the equipment were purchased used for the reason that the leasing contract. Leased equipment is similar in that they are guaranteed to be given back in working condition with no malfunctions inside the equipment or destruction on the outside.
The profits of buying off-lease equipment are tempting to a customer for its numerous whys and wherefores. To begin with, the condensed acquisition cost is the most evident - purchasing refurbished will save you 50% as compared to buying brand new; refurbished off-lease equipment are in just as worthy of a condition as if you were purchasing a new one. Furthermore, when purchasing off-lease equipment in U.S or in any Southeast Asian countries such as KL Malaysia, Jakarta Indonesia, Bangkok Thailand and many more, you can get it completely customizable with modern technologies upon resale. Then, the low cost of ownership is a significant feature to remember when purchasing refurbished heavy equipment.
Off-lease equipment has a definite lengthier lifetime when they go by a company that has a warranty plan that surpasses the general anticipations of used equipment. Warning! When purchasing used equipment, what repairs have been made, or if it will even last as long as the seller advertises, you are shopping at your own risk; you don't know what the equipment has gone through warranty gives the equipment a longer useful life, assuring no repair costs. Off-lease equipment is likewise a healthier way to buy as the products are still skilled of beyond most user requirements.
For all these explanations and more, you are able to save money when buying refurbished, off-lease equipment. These equipment works just like new and are able to get the job done with the updated technology that modern equipment has. Just like when you buy new equipment, there are on-site customer service representatives ready to assist you and all your needs in AXIS Capital, Inc. a group of companies headquartered in Grand Island, NE. Don't suppose to spend any money on any repairs that need to be done, either, when you have a warranty that covers you for three years, just like one you would get when buying new equipment.
Understanding off-lease equipment - 2 views
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Off lease equipment could be a speedy and stress-free way which will have a very optimistic effect on one's business. Countless companies offer off-leasing like AXIS Capital, Inc. a group of companies headquartered in Grand Island, NE. It is a good method to develop the business and stop the expenditures while not significantly impacting the disbursement of the business. With continuous progressions inside the field of computers, ones in of the operational measures to shun deterioration is arrangement leasing. Each the package and hardware markets area unit continually busy with new technologies each at present so, which may generate the sooner instrumentation discharged.
Usually, they have a predisposition to become outdated in three to four years, going away no option though to exchange so as to withstand and raise the business. To manage this long-lasting concern of change, most of the organizations choose leasing, that bids an dreadfully engaging means that of lowering on expenses. It's a standard apply among businesses from U.S. up to SE countries such as KL Malaysia, Jakarta Indonesia, Bangkok Thailand and many more in a very company, just about forty % of the instrumentation is hired out and about eighty % of companies lease some or the opposite of their instrumentation.
Leasing moreover aids to develop instrumentation that area unit or else expensive. As a sample, a company may well be manufacturing an effort to acquire a very particular and costly instrumentation for some understated jobs. It's possible that the assets or the outflow set up might not allow it to come back up with the acquisition cash or credit line. Nevertheless with some effort, it will succeed for a lease payment. Warning! There's always a chance that the lease worth is greater if the instrumentation to be borrowed denigrates in value fast, nonetheless this greater payment is stabled by the actual fact that the corporate or a private isn't deducting the credit.
As soon as the payment and lease amount is completed, one does not inundate up with a retired technology and might constantly select one thing that is added advanced and useful. It's a more healthy probability, since it offers a favorable of a lower charge per unit, and a faster approval speed as compared to latter.
By leasing instrumentation, there's also a plus of tax savings for a company since the monthly payments area unit generally supposed of as working expenses. Off lease equipment, consequently adds a tax incentive as delivered by the Section 179 deductions, keeping instrumentation latest with the market and official necessities. These exemptions area unit awfully profitable every now and then and stimulate the organizations to lease the specified instrumentation.
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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 all the methods available are already being done. Unless you have sufficient capital to fund all the necessary tools for your business, you may need to procure financial assistance for the equipment that you need.
Business Financing is also a mainstream in many developing cities. Financing medical equipment is known to be the trend in Seoul South Korea while construction equipment leasing has the highest clients in Jakarta, Indonesia. More and more business are already dependent in their capital shortage in equipment leasing/financing options.
Axis Capital Group Inc., a direct lender providing quality equipment leasing or financing services to customers in Nebraska, states that even equipment purchase needs financing if you do not have enough capital to carry it all. Equipment financing is already considered as a necessity in every business.
Here are the advantages that need reviewing for procuring your equipment leasing:
1. Almost zero initial cash outlay
The main advantage of leasing is that you can generally gain the use of an asset with less of an initial cash expenditure than would be required if you purchased it. Equipment leases rarely require down payments.
2. Minimum restrictions
An equipment lease rarely includes any provisions that restrict your future financial operations. However, acquisition of additional equipment without the lender's permission is restricted. Complaints for this matter are also indicated in the terms of the loan process.
3. Obsolescence not being a problem
Leasing may enable you to better keep pace with improving technology. For computers, communications devices, and other equipment that is subject to rapid technological improvement, you'll have an easier time convincing yourself to invest in updated equipment if you acquired your existing equipment under a short-term lease or a lease that includes an equipment substitution provision.
4. Maintenance support
Under some leases the lessor may agree to be responsible for maintaining and repairing the leased equipment. Although the cost of this service will usually be factored into your rental payments, you'll at least avoid the problems of having to find qualified repair persons and of being burdened with unplanned repair costs. Furthermore, a responsive lessor who is familiar with the equipment being leased can significantly reduce your equipment's downtime when repairs are necessary.