Equipment Leasing Blog

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Tuesday, September 25, 2012

Determine Your Equipment Payments With LeaseCalc™

Is cost uncertainty what is holding you back from leasing your business equipment? If so, Tiger Leasing can help! With a few simple clicks, our LeaseCalc™ equipment leasing calculator will help you determine an approximate monthly payment for whatever equipment you are interested in leasing and it’s as easy as one, two, three!

1.Choose between the $100 buyout leasing option or the Fair Market Value buyout leasing option
2.Enter the equipment cost
3.Click calculate

After the above steps, LeaseCalc™ will automatically provide you with the monthly payments for a lease term of one to five years. Actual monthly payments may vary slightly based on your credit score, but the Equipment Lease Calculator is a useful tool to use to see which equipment will fit in your budget. One of the many benefits of leasing is the financial flexibility and Tiger’s Equipment Leasing Calculator is an added bonus that will help determine the amount of payments so you can plan ahead. If you’re looking for more exact information, feel free to contact Tiger Leasing by phone at (212) 791-2250 or by sending an email to info@tigerleasing.com.

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posted by Tiger Leasing @ 2:00 PM 0 Comments

Wednesday, September 19, 2012

The Importance of a Good Business Credit History

There are several contributing factors working together to make a business successful. One very important factor is a good business credit history. You should have your credit history in mind from the start because it is the primary tool banks use to determine whether or not your business is trustworthy enough to give loans to. Did you know credit scores are also taken into consideration when businesses are looking to lease equipment? Learn more about why a good credit history is important and how to establish a strong credit score.

Think About the Future
More often than not business owners will only think about their credit score when it’s time to make a big purchase, such as buying or leasing equipment, conducting research or expanding the business. This is a mistake because one of the first things a bank will want to look at is a business’ credit history. You can’t afford to think about your score last minute because your credit report is the one chance you have to convince the bank that you are a responsible business that will be able to pay the loan back. Businesses with poor credit histories will have a much harder time convincing banks to trust them with a loan, so check your credit score regularly.

Make Finances More Manageable
In addition to getting your business the loan it needs, a good credit history will also help your business save money on interest. When your business is going through the credit check, a good credit history will help you get a lower interest rate on your loan. This is beneficial because paying a lower percentage for interest will help you save money in the long run and will make your loan payments improve your credit score even more.

How to Establish Good Credit
•Get a business credit card- Get a business credit card early and use it often. It doesn’t matter if your purchases are big or small; it matters if you are paying off your credit card.
•Keep tabs on your business’ credit history- You should be able to get a copy of your business’ credit report every year, so be sure to do this. Don’t just skim over the report; look through it carefully to make sure all of the information is accurate and up to date and be sure there are no mistakes.
Link•Get listed with the business credit bureaus- Dun & Bradstreet is one of the main credit bureaus and it runs its own business credit score by giving businesses a separate credit file number. This number, known as a D&B or DUNS number, rates your credit profile and determines your business’ credit worthiness.
•Learn more about credit scores and the lease approval process.
•Keep a good personal credit rating- When your company is small, new or doesn’t have a credit history creditors might look at the personal credit of the person who owns the business. Take care of your personal credit so it won’t hurt any business opportunities.

A good credit history isn’t something that happens overnight; it is something that business owners always need to keep in mind. A good credit history will open new windows and allow your business to flourish while a bad history will put limitations on your business’ options. Keep these ideas in mind so your business can take advantage of every opportunity that comes its way!

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posted by Tiger Leasing @ 12:04 PM 0 Comments

Wednesday, September 12, 2012

How to Make Work Fun

Many people are stuck at a job they find less than satisfying. When you dislike your job because of your boss, your coworkers or your company, going to work can become a chore which can make you chronically unhappy. In today’s economy quitting your job is not an option for many, so instead of falling victim to your job try these 8 ways to make work more fun.

1. Silly dress-up days: Have everyone in the office dress up for a holiday, special occasion or just because. Some dress-up day ideas include holidays, favorite sports team, decade day or wear your favorite color day.

2. Decorate your area contest: Who doesn’t love to decorate? Pick a theme and challenge employees to decorate their work space and have a silly prize for the best decorations. This is a friendly competition that will bring lots of laughs and fun in to the office.

3. Compete with yourself: Everyone loves a little friendly competition and what better way to become your best by competing with yourself? Make your daily tasks into a game by trying to beat your efficiency and speed each day. However, be sure not to jeopardize the quality of your work by working too quickly!

4. Plan work events: An event like a company picnic is a great way to bond with employees outside of work. Being with co-workers in a non-work environment can help create friendships that will transfer over to the workplace.

5. Change the setting: Sitting in the same spot for eight hours a day can get a little boring so if you have the opportunity, try taking your work elsewhere. Can you work outside for a while? Or maybe you can take some work with you to a café over your lunch break? Try changing it up!

6. Celebrate special occasions: Whether it’s a co-worker’s birthday, the holidays or a big sale, take the time to celebrate together. Decorate the office and have a special lunch for these occasions because they are something worth celebrating and change up the mundane pace of a normal day at work.

7. Take breaks when necessary: Taking breaks isn’t necessarily something fun to do at work, but breaks are what can help you keep your sanity. Often times stress is why people hate their jobs, so when you are starting to feel swamped or fatigued, take a quick five minute break to refresh.

8. Brighten your work space: It might sound silly, but your office décor can affect your mood and quality of work. Decorate your office or work space with things that make you happy, such as family photos, plants or goofy knick knacks. Making your work space personalized makes for a warmer work environment that will make you feel more at home.

Your job is what you make of it, so why not make it fun? One of the most powerful businesswomen Colleen C. Barrett once said, "Work is either fun or drudgery. It depends on your attitude. I like fun." What other ways have you found to make work more fun? Share with us in the comments below, on our Facebook page or on Twitter!

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posted by Tiger Leasing @ 9:00 AM 0 Comments