Archive for February 2012

iPad financing

iPads

Excitement is building for the new iPad 3 Apple will soon be releasing. The tablets are no longer just a cool gadget but are becoming more popular with businesses needing to enhance productivity and communication for employees. If you need assistance financing your iPad please consider our flexible lease financing solutions. For no or little money down, and low monthly payments, we can help you outfit your entire staff.  Apply now or see our video.

Equipment financing rose 21% in January

Business-equipment financing volume increased 21% last month compared with January 2011, according to an ELFA survey. “The continued strengthening in financing volume and the trend toward healthier portfolios provide clear evidence that the equipment-finance marketplace is regaining some of the momentum lost during the Great Recession,” said ELFA President and CEO William Sutton. Read more…. The Wall Street Journal/Dow Jones Newswires

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Sharp MX-M623N

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We recently received a Sharp MX-M623N Network Copier off lease. It is only 1 year old and is in excellent condition. It originally sold for $31,000.00.

Key features include:

  • Print, Copy, Scan, Fax, File
  • Pages per minute: 62 B/W
  • Paper capacity: Std 3100 Max 6600 sheets
  • True 1200 x 1200 dpi print resolution

Scan speed of 75 originals per minute in B/W and color

We are willing to sacrifice it for $6,995.00. Please call 800-733-5529 or e-mail us at customerservice@madisoncapital.com for more information.

Lease Accounting Standards Will Cost, Big-Time

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According to GlobeSt.com, the Financial Accounting Standards Board and the International Accounting Standards Board are moving closer, albeit slowly and with re-exposed drafts along the way, to their goal of new converged accounting standards for leases.  Although the two accounting-standards setters have re-exposed a draft, thus pushing the day of reckoning off, there is little doubt that it is coming.

Essentially, the standards will require tenants to place leases on their balance sheets—an enormous line item that consists of anything from office, business and farm machinery to, yes, real estate.

The costs to businesses are expected to be enormous. The Equipment Leasing and Finance Association, which has been tracking the issue, notes that leases account for hundreds of billions of dollars in transactions annually throughout the global economy.

READ MORE: http://www.globest.com/news/12_288/washington/finance/Study-Lease-Accounting-Standards-Will-Cost-Big-Time-318760.html

Read more…

IT Equipment Leasing is on the rise

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We are starting to receive a lot of requests from businesses who want to upgrade their IT equipment. New data center servers, iPADS, laptops, and networking gear. They simply need to be more productive. Lease financing makes a lot of sense when acquiring technology. One thing you can count on when it comes to IT equipment is change. There is always a faster, better, piece of technology coming down the pike and you don’t want to be stuck with a “clunker” so to speak.

By utilizing lease financing you can minimize your risk of technological obsolescence or Moores Law, which states every 18 months or so there are new computer chips available. Lease financing allows you to acquire the latest IT equipment with no money down and the ability make a flat payment for 24 or 36 months, at the end of which time you could swap the equipment out for the latest and greatest. We handle the coordination of acquiring the new equipment and the disposal, which requires a lot of due dilligence .

Be sure to check out our video: IT Equipment Leasing


Compliant Data Destruction and Proper Disposal Of IT Equipment

  The following article may have ramifications for IT Equipment Leasing

  By Jim Noyes, Lifespan Technology Recycling

“Is the risk of improper disposal becoming the key driver in asset disposition in today’s regulated environment?”

 

Mid-sized companies to Fortune 500 companies are being fined by federal and/or state agencies for thousands to millions of dollars for improper disposal of electronic equipment.  Television exposes have shown used PC’s and monitors being burned in open pits in third world countries. We’ve seen this playing out a lot in the last few years and it’s going to play out a lot more in 2012 and beyond.

 

Data integrity and data destruction go hand-in-hand. Whether you’re a lessor who has possession of returned IT equipment or you’re a company with owned IT equipment, the laws regulating how you dispose of that gear are becoming increasingly stringent. Do you know all of the laws and regulations? More importantly, does your recycling/remarketing partner know them all? How safe do you feel about every piece of equipment that you send to your partner(s)? What certification do they hold and what processes do they follow? Do you audit them for compliance? read more…

www.worldleasingnews.com/blogs/compliant-data-destruction-and-proper-disposal-of-it-equipment

 

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