Equipment Leasing Blog

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Wednesday, June 27, 2012

The FAQs of Leasing

Many people don’t consider equipment leasing for their business because they don’t fully understand the benefits. When leasing equipment you only pay for what you use, you don’t need to take out loans, and you have more capital to use for advertising and other operating requirements. Once people fully understand how equipment leasing works, more people are likely to choose this method, which is why we wanted to share our insights into the frequently asked questions of equipment leasing.

What is a lease and who can lease equipment?
A lease is a rental agreement in which the lessor maintains ownership of an asset, such as a piece of equipment, while the lessee uses it in business activities. As long as the equipment leased is being used for a business or commercial use, anybody can lease. This includes companies, associations, non-profit organizations or individuals.

How do I know if leasing is right for my company?
When deciding whether or not to lease equipment for your company, it’s important weigh what equipment you want to own forever and what might be more practical to lease. After you do this, you will probably see that most of your equipment will fall in the lease category. This is because business needs often change and there is always new technology coming out.

Why not buy my equipment?
Buying equipment requires taking out loans, which uses up your available credit. Using your business’ credit on something that you don’t need to puts restrictions on your other spending that could instead be used for advertising and other operating requirements. See more advantages of leasing your business equipment.

What kind of equipment can I lease?
You can lease almost any equipment that you can buy, including office furniture, medical equipment, dental equipment, veterinary equipment, food and restaurant equipment, computers, software and more.

What kind of leasing programs are available?
Tiger Leasing offers leasing programs to match all needs. Venture Leases are great for start-up companies because we provide 100% financing, whereas Lease Purchases are better for companies that plan to buy out the equipment at the end of the term. Learn more about our leasing programs.

Am I able to cancel my lease?
Leases are non-cancelable but if desired, you are able to upgrade to a more sophisticated piece of equipment. While you can’t remove equipment from your leasing contract, you can add equipment in most cases as long as it costs $5000 or more.

How do I apply for a lease?
The application process for commercial equipment leasing is very easy. All you have to do is fill out a one page credit application, but in certain circumstances additional financial information, such as tax returns, might be needed. Upon approval the lease documents are sent to you where you sign them and a purchase order is issued to your equipment vendor. The equipment is paid for upon delivery of the equipment and then the lease officially starts.

Feel free to contact Tiger Leasing with your equipment leasing questions by phone (212-791-2250) or email (

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posted by Tiger Leasing @ 12:00 PM 0 Comments

Tuesday, June 12, 2012

Ways to Make your Commute Easier

The hustle and bustle of commutes can be incredibly stressful and being stressed before you’re even at work is not a good way to start your day. For many people traffic and frustration-filled commutes are unavoidable, but there are some ways that you can make your commute just a bit easier.

Leave a little earlier
Nothing is more annoying than being stuck in a line of standstill traffic which is why much of the stress that comes from commuting comes from these unwelcome delays. Try avoiding this mess of traffic by leaving for work just a bit earlier. Getting on the road 10 minutes early might not seem like much, but you will be leaving 10 minutes sooner than the drivers you normally run in to!

Try a new route
Have you ever thought about how long you have been taking the same route to work? Taking the same way to and from work every day can get old fast, so why not try a new route? Taking a new way to work will eliminate the monotony of the same route and will give you a chance to see new things. Just remember to test-drive your new route before going to work in the morning so you know your way!

Stock your MP3 player with your favorites
In the morning many radio stations play the news or talk radio which can be boring to listen to. Instead, make a playlist of your favorite songs to listen to on your way to work. The news can be full of negative or depressing stories, whereas your favorite tunes will naturally lift your spirits and will lighten your mood to get you ready for the work day.

Eat breakfast before you leave
Breakfast on the go has become more common because of time constraints. This might seem like a good idea, but don’t forget that breakfast is the most important meal of the day! Eating breakfast before leaving for work will help you wake up and eliminate the fatigue that comes with grumbling, hungry stomachs when driving. You’ll also have healthier options at home and not have to wait in drive through lines!

Apps to assist your commutes
  • Beat the Traffic is an app that helps you keep an eye on the upcoming traffic flow during your commute. The real-time app can tell you how fast or slow traffic is moving, if there are accidents, road work, closures or other things that can affect your commute. Available for Android, BlackBerry and iPhone.
  • WakeMe@ is an app for commuters who have fallen asleep while taking the bus or rail to work. iNap uses your phone’s GPS to follow your transit route and can be programmed to wake you up once you arrive at your programmed stop. Available for Android.
  • AnyStop is a transit app that uses your phone’s GPS to locate the bus or light rail closest to your location. After finding the closest stop, you can then access the route and schedule information with that particular stop and store specific locations to your favorites. Available for Android.

Commutes will probably never be 100% frustration free, but you can make yours easier by following these tips and using these resources. Do you have ways to make your commute easier? Share them with Tiger Leasing!

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posted by Tiger Leasing @ 10:03 AM 0 Comments

Tuesday, June 5, 2012

Celebrate Summer Frugally

As of June 20, summer is officially here! That means it is time to celebrate long days and warm weather with fun, new activities. Summer can be a great time for vacations, but trips can get expensive - especially when the whole family goes along! This is why the team at Tiger Leasing came up with this list of inexpensive summer activities, so you can enjoy the days of summer without worrying about your budgets.

Celebrate silly holidays
The summer’s biggest holiday is no-doubt the 4th of July, but that doesn’t mean you can’t celebrate the summer’s smaller Holidays. Try celebrating these silly Holidays this summer:
  • National Ice Cream Day (July 15, 2012)
    Not many people need an excuse to eat ice cream during the summer, but if you do then National Ice Cream Day is your chance! In 1984, President Reagan declared the third Sunday of July as National ice Cream Day because he recognized ice cream as a fun and nutritious food enjoyed by 90% of the nation’s population, according to the International Dairy Foods Association.
  • National S’mores Day (August 10, 2012)
    S’mores have been a summertime campfire icon since the first recipe was published by a 1927 Girl Scout troop. Use this holiday to enjoy a campfire and s’mores with friends and family this summer.

Go camping
Going camping is a great family vacation, especially since it does not include the expensive travel and hotel costs. Camping offers a variety of different activities, including swimming, fishing, hiking, biking and more. Bonus: Camping is also a great family bonding opportunity since there are no televisions or computers to serve as distractions.

Sporting events
Baseball is a very popular summer sport, but good tickets can be pricey. On top of that, there’s the cost of food and drinks, too. What many people don’t realize is that minor league baseball games are a great alternative to major league baseball games and cost significantly less. Cheaper tickets mean more money for peanuts and Cracker Jack!

Have a garage sale
Summer is a popular time for garage sales. People are looking to do some de-cluttering and cleaning, and what better way to do that than with a garage sale, so why not give it a shot? If your garage sale is a success, at the end of the day you might even have a little extra cash to spend!

Local festivals and activities
Summer is the prime time for local festivals and local concerts. Many larger festivals and concerts will cost money, but the smaller, more unheard of ones are often free. Keep your eyes open on bulletin boards or newspapers for free events. Farmer’s markets, concerts and cultural festivals are often free events as well.

A day at the zoo
Who doesn’t love going to the zoo? A day with the lions, tigers and bears is always exciting! Bringing the whole family to the zoo can get expensive, but some zoos have free or discounted days. Check your local zoo’s Website for deals and savings.

There are 94 days this summer, which means 94 opportunities to celebrate summer and try new things. Use this list of fun, inexpensive opportunities to get your summer started!


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posted by Tiger Leasing @ 3:55 PM 0 Comments