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There are several reasons why a business may want to lease assets instead of buying them. First of all they don't have to fork out the up front cost of buying them. They can just pay as they go. They may not need the equipment for a long time. If that were they case and they only needed it for a short time they would be better off just getting a short term lease.
Next it takes out some of the uncertainty. You know in advance what your cost will be for that asset. It may not always be lower, but at least you know in advance what it will be. This makes it easier for you to plan.
What else can I help you with?
Can a leasing company sue you?
yes
What is the leasing companies operating in the Philippines?
First Malayan Leasing and Finance Company is one of the pioneer in the leasing and financing industry in the Philippines.
What happens when a company goes under?
When a company goes under, it means that the company is unable to pay its debts and is forced to close down. This can result in job losses for employees, financial losses for investors, and the company's assets being sold off to pay creditors.
How can one determine the debt to assets ratio of a company?
To determine the debt to assets ratio of a company, you divide the total debt of the company by its total assets. This ratio helps assess the company's financial health and how much of its assets are financed by debt.
What happens to shareholders when a company goes bankrupt?
When a company goes bankrupt, shareholders may lose the value of their investment as the company's assets are used to pay off debts to creditors. Shareholders are typically last in line to receive any remaining funds after creditors and bondholders are paid.
You were leasing a truck from a company that went out of business what can you do to obtain truck?
When a corporation goes out of business there is a disposing and distributing of the assets that take place. Some company they owned, or whatever company bought it, now owns that truck. Or perhaps it all went into limbo while courts sort it out. Look up who has the company assets, and contact them.
What is leasing company?
definition of leasing company
Is it legal for a leasing company to disable leased equipment in Texas?
If the leasing company owns the equipment AND they are not being paid per the provisions of the lease they can legally take possession (re-possess) their assets. Disabling it could be a viable alternative to physically re-possessing it.
Are fixed assets a liability?
Fixed assets are not liabilities, they are assets that can not be quickly liquidated (turned into cash). If the company goes under, fixed assets would be difficult assets to get cash for.
What is fleet leasing?
Fleet Leasing is a vehicle belonging to a group, or fleet of vehicles that a business is leasing from a third party leasing company. These vehicles are then used by the employees. Fleet management (usually offered by the leasing company) offers the company advice and recommendations on which vehicles to use for their company as well as payment options.
What is the best semi-truck leasing company?
There are many leasing companies out there depending on your location. This is an excellent article on how to decide on a leasing company that suits your company's needs. http://www.christianet.com/autoloans/commercialtruckleasing.htm
What is difference between personal assets and company assets?
Personal assets is assets that are owned by a person. Company assets are assets that are own by the company.
Where can you lease a car?
Check online for a local car leasing company.Check online for a local car leasing company.Check online for a local car leasing company.Check online for a local car leasing company.
Is the Chevrolet warranty voided if the first owner is a leasing company?
if the firstowner is a leasing company does that void chevrolet,s warranty
Can a leasing company sue you?
yes
What is the leasing companies operating in the Philippines?
First Malayan Leasing and Finance Company is one of the pioneer in the leasing and financing industry in the Philippines.
What happens when you sublease a car and the company that you leased from goes into liquidation?
You will have to make the payments to the company that purchases their assets, it doesn't mean you get a free car.
