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Equipment leasing gives you access to much-needed equipment without the higher monthly cost associated with a loan. In many cases, your business can also avoid a down payment, saving you thousands.
Bankrate insight. Equipment leasing is a common alternative to equipment financing. It involves renting the equipment from the leasing company for a specific term. Leasing can be beneficial ...
In 1992, the company relocated from Michigan to Cedar Rapids, Iowa and became GreatAmerica Leasing Corporation. At that time, there were only four employees, which included founder Anton (Tony) Golobic, his wife Magda, and two others. [1] In November 2012, the company adopted the new trade name GreatAmerica Financial Services Corporation. [2]
Herc Rentals is an equipment rental company, owned by Herc Holdings. It was formerly a subsidiary of The Hertz Corporation before being spun-off as a separate company in 2016. The company provides rentals of heavy equipment, [3] tools, power generators and pumps, [4] as well as sales of used equipment. [5]
United Rentals, Inc. is an American equipment rental company, with about 16 percent of the North American market share as of 2022. [4] It owns the largest rental fleet in the world with approximately 4,700 classes of equipment totaling about $19.3 billion in original equipment cost (OEC) as of 2022. [5]
Bankrate insight. In 2023, the SBA approved 57,362 7(a) loans and 5,924 504 loans. For more information, check out our guide on the SBA’s weekly lending report.. Equipment leasing. Equipment ...