Economic Commentary: Rates
Our First Quarter's Growth Rate
The initial reading of the first quarter's economic growth has been somewhat of a shocker. A growth rate of over 3.0% was certainly higher than market analysts expected. As a matter of fact, many were expecting interest rates to head higher after the number was released. Though rates have risen somewhat from their lows earlier last month, they have not risen significantly.
The question is why have rates not reacted? It could be as analysts are pointing out that the first quarter's numbers were skewed by temporary factors ...
Top 5 Computer Equipment Leasing Benefits
Leasing computers to meet your business needs is widely considered as a more viable alternative to purchasing computer equipment. In many cases, it is also the only recourse for startups and SMEs that are on a limited budget. The trick of course, is to know when you would be better off leasing office equipment rather than purchasing it. The main advantage of equipment leasing is that a business owner is able to gain the use of an asset with less of an initial expenditure. Since financing computer equipment seldom requires an initial down payment, it offers the benefit of ...
Printing Equipment Leasing and How We Can Help
Any printing equipment owner knows that profits ride high only as long as the machines stay running. If regular, high-volume printing is required, you may want to consider leasing printers. This is where we at LeaseIt Corporation come in. As a trusted name in printing equipment leasing, we make sure that you get equipment and lease conditions customized for your needs. With our 24-hour credit approval and competitive financing solutions, you can take advantage of leasing a wide range of printers, graphic cameras, presses and binding equipment quickly and conveniently. Our ...
Create the Best Ambiance in Your Restaurant by Leasing the Perfect Equipment
Have you made plans to open up a new restaurant? Are you looking for innovative ways to infuse some life back into your business? Then we have the right solutions for you. Whether you are starting off a brand new business or are looking to revamp it, we can provide you with various excellent measures to achieve your goal. We, at leaseitcorp.com, realize the fact that your business can grow tremendously by adding the right accessories. This is why we cater to a wide variety of eateries by financing equipment that is suitable to their needs.
We excel at providing excell...
IRS Section 179 Tax Deduction For Capital Equipment
For tax year 2009, many small businesses are able to deduct up to $250,000 of purchased equipment and software as soon as these items are put to work under the Section 179 depreciation provisions. Both new and used assets are eligible. There was however an investment limitation of $800,000. Said limitation was reduced dollar for dollar by the cost of the property placed in service in excess of the investment limitation. To take advantage of the $250,000 allowance, the assets must be purchased in the 2009 tax year.
For taxable years beginning 2010, the Section 179 expense ...
What Is A Capital Lease?
A Capital Lease is some what similar to a loan agreement and is sometimes referred to as a Lease Purchase Agreement. From the Lessor's viewpoint a capital lease is a sale of equipment and the lessee construes it as a purchase. The lessee takes possession of some equipment, makes periodic lease payments and at the end of the lease, the equipment can be purchased for an amount significantly lower than it's fair market value. Since the equipment is construed as a purchase by the lessee, it must be reflected on their balance sheet as a fixed asset with a corresponding liabil...
