The Business of Leasing and Financing Equipment
Overview
In connection with making a determination of whether to set up an in-house product vendor financing operation, it is essential to have a general understanding of how the equipment financing business operates in the United States. Many of the concepts used in the United States have parallels to how financing works overseas as well. The information in this chapter is designed to provide an overview of the key business elements, using as a base the leasing of equipment.
Why Would a Company Enter the Equipment Financing Business?
The equipment financing business in the United States is mature, and the competition is intense, and, accordingly, the traditional equipment financing business ...
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