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Leasing Term # 157(b) – Notification: New Owners, Partners & Structures

by Mary | Dec 22, 2009 | Blog, Business, Computers and IT, Financing, LeaseSpeak Dictionary, Leasing, Negotiation, Printing and Graphic Arts

This week’s blog continues leasing definitions regarding required notices for your leases. Certain occurrences during the life of the lease require that you notify the leasing company. A missed notice usually means your total lease cost increases or worse, you find...

Leasing Term # 157(a) – Notification: Moving? Ask permission.

by Mary | Dec 14, 2009 | Blog, Business, Computers and IT, Financing, LeaseSpeak Dictionary, Leasing, Negotiation, Printing and Graphic Arts

Equipment leases require the customer to notify the leasing company when certain events occur during the life of the lease.  Here are four: Equipment relocation Equipment damage Corporate ownership or structure change End of lease Miss any notices and you’ll pay...

Leasing Term #195 – In-Place, In-Use Fair Market Value

by Mary | Dec 8, 2009 | Blog, Business, Computers and IT, Financing, LeaseSpeak Dictionary, Leasing, Negotiation, Printing and Graphic Arts

You may have the option to purchase your leased equipment at the end of your equipment lease at the “Fair Market Value.” There are several types of Fair Market Value and this is the third in our series of end of lease purchase options. In-Place, In-Use...

Leasing Term #190: Mutually Agreed to Fair Market Value

by Mary | Dec 2, 2009 | Blog, Business, Computers and IT, Financing, LeaseSpeak Dictionary, Leasing, Negotiation, Printing and Graphic Arts

At the end of the initial equipment lease term, the lease contract may provide the customer with an option to purchase the equipment for a price determined by the leasing company. Sometimes the contract language reads that the equipment may be purchased for the...

Leasing Term #189: Fair Market Value

by Mary | Nov 23, 2009 | Blog, Business, Computers and IT, Financing, LeaseSpeak Dictionary, Leasing, Negotiation, Printing and Graphic Arts

What you think you know about equipment leases could end up hurting you. And what you don’t know will cost you BIG money. Puzzled by the meanings of leasing terms? The language of equipment leases is cryptic and complex. I’m committed to help you decipher and...
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