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  2. Equipment leasing vs. financing - AOL

    www.aol.com/finance/equipment-leasing-vs...

    Equipment leases can be a capital lease or an operating lease You may need at least two years in business and $100,000 in annual revenue to qualify for an equipment loan or lease

  3. Hell or high water clause - Wikipedia

    en.wikipedia.org/wiki/Hell_or_high_water_clause

    In the United States, this clause is given special protection under Article 2A of the Uniform Commercial Code when the agreement is classified as a finance lease. The article states that this special protection applies to a lease that "consists of an overall three-party transaction in which: (1) the lessor does not select, manufacture or supply ...

  4. Lease purchase contract - Wikipedia

    en.wikipedia.org/wiki/Lease_purchase_contract

    A Lease-Purchase Contract, also known as a lease purchase agreement or rent-to-own agreement, allows consumers to obtain durable goods [1] or rent-to-own real estate [2] without entering into a standard credit contract. [1] It is a shortened name for a lease with option to purchase contract.

  5. Pros and cons of equipment loans - AOL

    www.aol.com/finance/pros-cons-equipment-loans...

    Equipment loans often have a higher payment than an equipment lease but allow you to own the asset outright at the end of the loan term For many business owners, buying equipment is an important ...

  6. Herc Rentals - Wikipedia

    en.wikipedia.org/wiki/Herc_Rentals

    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.

  7. Lease - Wikipedia

    en.wikipedia.org/wiki/Lease

    Industrial or business equipment are also leased. In essence, a lease agreement is a contract between two parties: the lessor and the lessee. The lessor is the legal owner of the asset, while the lessee obtains the right to use the asset in return for regular rental payments. [2]

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