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Solace Home Healthcare allows its clinicians to expense their personal vehicles or use a leased vehicle for a set monthly payment — for both professional and personal use.
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For both small and large fleets, choosing the correct lease type requires consideration of costs, utilization, and remarketing scenarios.
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Serving the small- to mid-size fleet market, 55 percent of Union Leasing’s portfolio is comprised of light- and medium-duty trucks. Recently, it acquired Express 4x4 Truck.
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The move to put lease obligations on the balance sheet brings up questions on whether the change would affect a company’s ability to borrow money, its financial statements and the accounting of closed- and open-end leases.
Read More →The used car market will face a confluence of factors to make 2016 a challenging year.
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Similar to fleet leasing, equipment leasing also allows for creative ways to generate working capital and improve cash flow.
Read More →When the heads of seven major fleet management companies convene on a panel together, it’s a good time to get their views on issues such as changes to lease accounting standards, how the new fuel economy standards will affect fleet and which alternative fuel will break out in five to seven years.
Read More →The financing option is aimed at helping small businesses upgrade their diesel trucks to meet early compliance with the California Air Resources Board’s on-road diesel vehicle and tractor-trailer greenhouse gas regulations.
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Open-end leasing comes with residual value risk but no restrictions and greater control. Can it work for your small fleet?
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Can fleets take advantage of advertised consumer lease deals without getting burned?
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