Axis Capital Group Inc Forum Utilizing Equipment Leasing to..
Utilizing Equipment Leasing to Strategic Benefit10 Years AgoAxis
Capital Inc., Direct Lender providing quality equipment leasing/financing
services along with superior customer service, headquartered in Grand Island,
Nebraska, they also service any part of SE Asian country such s KL Malaysia,
Bangkok Thailand, Jakarta Indonesia and many more. With lease financing being used by a many
businesses in the U.S. today, and accounting for about half of new equipment
purchases, most corporate executives are usually familiar with leasing. When a
rising economy releases pent-up demand for capital equipment, many companies
may discover their financial situations not recovering fast enough to buy new
equipment outright. Executives facing finance vs. cash purchase decisions may
not completely know how the tactical use of equipment financing can improve
financial performance and capital productivity. A profounder perception of the
lesser-known points of lease financing, counting asset management, tax
treatment, insurance and maintenance, and lease decisions can better allow overall
business performance.
Financial
Goals First
Cautious deliberation of financial goals,
like improving cash flow or meeting a return on net assets, is the leading
deliberation of an asset management program. Founding acquisition guidelines
grounded on equipment needs in addition to financial objectives also is
critical. Also, be very watchful of double-dealing and scam.
These goals must also be factored into the
standards for measuring the presentation of a division or business unit.
Businesses would be prudent to trail
maintenance and insurance costs related with equipment, particularly equipment
under heavy use. In other words, the question should be asked, "Would it
be cost operational to keep a piece of equipment for an extra year, and
experience additional maintenance costs?" It could mean keeping an
unreliable financial investment.
Correspondingly, conclude how much growth is
anticipated over the next one to three-year period. This has a consequence on
the acquisition mix of ownership, renting and leasing. Many businesses grow and
modify at changing rates. If an organization goes through an unexpected
development spurt, having the flexibility to adjust your asset mix is key. The
skill to dispose of equipment no longer necessary during slower times also is
significant.
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