Equipment Leasing Blog

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Thursday, January 27, 2011

Which Equipment Leasing Program is Right for You?

In addition to other numerous equipment leasing benefits, financing programs are available so you can acquire the right equipment at the right price for your business. There are advantages and compromises for each option, so much of the determination should be based on:

  • The amount of capital your business starts with and the expected cash flow throughout the equipment leasing program.

  • Whether or not your business experiences cash flow fluctuations throughout the year or during the leasing term

  • The monthly payments you can afford (use our Equipment Lease Calculator to determine an approximate monthly payment based on lease terms and equipment cost).

  • Whether or not your organization is tax exempt
Lease Purchase Option

If your business intends to retain the equipment you lease at the end of the lease term, a lease purchase option is likely your best choice because your payments are going toward acquiring the leased equipment. Though your business will be subject to higher payments, you can own the equipment for a flat $100 buyout at the end of the equipment leasing term. This option enables your business to keep the equipment and continue to use it, retain it and trade it in for upgraded business equipment, or sell it.

Operating Lease

This leasing structure gives your company lots of flexibility when it comes to your opportunities after the term of the lease ends. Throughout the equipment leasing agreement, your business is basically paying to use the equipment. With an operating lease, you will be given the options to:

  • Buy the leased equipment at fair market value

  • Renegotiate the lease agreement based on the current value of the equipment

  • Return the leased equipment in its entirety
While your business would benefit from lower payments per term, the Fair Market Value Buyout would be a minimum of 10 percent of the original cost of the equipment.

Venture Leases

This equipment leasing structure is a viable option if your business is a promising start-up that requires supplemental equipment and working capital in order to generate profit and you have institutional venture capital already in place. With a venture lease, budding businesses do not have to use their cash-on-hand to invest in inventory or business equipment.

Municipal Leases

  • If your organization is a tax-exempt agency operated by the city or state, you will benefit from discounted equipment leasing rates that are much lower than standard commercial rates.
Tailored lease structuring and payment options are just a couple of the numerous benefits that equipment leasing offers your business. If you're still unsure which leasing program would be most advantageous to your company, just contact a member of the Tiger Leasing team or visit the Tiger Leasing Website for more information.

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posted by Tiger Leasing @ 12:20 PM 0 Comments Links to this post

Thursday, January 13, 2011

Now is the Time to Set Goals and Make Plans!

2011 is here, and brings along with it a sense of promise and endless possibilities. Last week, we gave you some ideas on how to improve your business in the New Year. This week, we'd like to focus on improving your life and relationships in 2011. Take the time to sit back and evaluate your relationships, with yourself, your family and friends and even your co-workers and customers. Here are some great tips to consider and ideas for setting and achieving your goals in 2011.

  • Get in touch with your intentions. In 2011, make it a point to have a clear cut purpose. Outline your aspirations and goals and make a realistic plan to reach them. How many New Year's Resolutions are lost because people don't understand the difference between thinking and planning and actually DOING? Write down both your personal and professional goals. Having your objective on paper will make it harder to ignore. Share your ambitions with family, friends and co-workers. Build your relationships by letting other people know about your plans and let them help you achieve them!


  • Give your goals center stage. Once you've established (and written down!) your goals for 2011, let them have the spotlight. Give your dreams your full attention and get passionate about your plans. Whether your goal is to spend more time with your family or to quit smoking, you have to stay motivated and resolute. Let yourself focus on your goals, make them the focal point. Even if it's just for 5 minutes a day, take the time to remember why your goals are important to you. Never forget where your ambition comes from, and stay dedicated and enthusiastic.


  • Never underestimate how powerful you are. Second guessing yourself and questioning your abilities won't do you any good. Life is full of ups and downs, but you and you alone are in the driver's seat. Use your strengths to overcome obstacles, sometimes you'll have to get creative, but you can succeed. Let other people help you. Some of the most powerful assets in your life are your family, friends and coworkers. When things get tough, always remember that you are strong and resourceful. Don't give up on yourself.


  • Don't afraid to be pushy, with yourself and others. Patience and dedication are vital to achieving long term goals. When things get tough, think of it as a test. Are you going to give up or push through? Push yourself and prove that you really are committed to reaching your goals. Don't let others' indifference or self-interest stand in your way. When you're standing up for yourself or what's right, you may need to be assertive. These are your goals, you're the one that has to see them through.


  • Stay calm and flexible. 2011 has just started. Keep calm as you work towards achieving your dreams and take heart in the fact that goals can and do change. You have 12 months until 2012 and by the end of the year your life may be totally different than it is right now. Let your dreams adapt but continue to work towards a better life, both personally and professionally. Stay committed to improving yourself, your relationships and your life. But, don't get so focused on one specific goal that you let the rest of your life pass you by.

Setting goals and making plans is important and now is the perfect time to start strategizing on how to make 2011 the best year ever! Focus on yourself, your life and your relationships and make the changes necessary to improve your life. Whether you are making goals for your personal life or your professional life, stay motivated. Take the time to appreciate your successes and don't get too hung up on your disappointments. Make the most of the New Year and we hope 2011 brings great success and joy to all of our customers and loyal readers!

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posted by Tiger Leasing @ 9:05 AM 0 Comments Links to this post

Thursday, January 6, 2011

Small Business in the New Year

For many Americans, the start of the New Year is synonymous with resolutions, new beginnings, and vows not to repeat old mistakes. Small business owners should have a similar mindset when looking forward to 2011. Last year, we gave you business goals to focus on for 2010. This year, we spotlight the small business tips that will help you make more profitable gains in 2011.

Work to Win-Over Consumers

As the economy continues to slowly, but steadily improve, consumers and other businesses are starting to buy again - but they've learned their lesson. In 2011, spending wisely is going to be a top priority, so, as a small business, you need to be especially cognizant of your customers' needs and expectations and focus on improving your customer service. If your products or services fall below par, your business will hear about it - and so will the rest of your target audience. Consumers are turning to product ratings and online reviews to determine what and where they will purchase, so keep your customers happy to keep your small business booming.

Invest & Grow Wisely

Business may be on the upswing, but the future of the market is certainly not one that's cut and dry. Now may not be the time to make high-risk investments, but don't refuse to grow entirely. According to Entrepreneur.com, 71 percent of small businesses are still waiting out the economy dip before they expand. This all-too-cautious attitude of the majority is leaving the door wide open for their less-guarded counterparts. Now is the time to take calculated steps toward business growth. It will be useful for you to consult an advisory board when opportunities for growth arise. The insights and recommendations of these stakeholders within your industry will increase the likelihood that your new business ventures will be profitable. But, just in case, have a contingency plan in place in the event that your investment doesn't produce the desired results.

Social Media isn't the New Kid on the Block Anymore

As with most trends, once the novelty fades, only the best and brightest will continue to thrive. Social media marketing is no different. The explosion of social media had everyone itching to join the conversation, which means that now, the channels are flooded with content and consumers can't and won't listen to it all. As social media users become increasingly finicky about who they let into their information stream, the small business brands with lackluster content will get cut from consumers' social networks. Social media marketing is a method that often requires professional guidance in order to be successful, so make these considerations before determining whether or not to start or continue your social media marketing efforts.

Keep Your Eye on Expiring Incentives

In an effort to bolster the economy, many government incentives for businesses have been put in place over the past few years. Though many of these had an expiration date of 2010, some may be extended through 2011. Keep tabs on these tax cuts and other incentives so your business can take full advantage. IRS.gov lists current business tax information so you can stay aware of current and upcoming tax breaks.

By staying informed and making calculated decisions, you'll give your small business the best possible chance for survival. With that, here's a toast to you, your small business and a very prosperous year to come.

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posted by Tiger Leasing @ 10:57 AM 0 Comments Links to this post