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Leasing

Open-End Versus Closed-End Leasing

For both small and large fleets, choosing the correct lease type requires consideration of costs, utilization, and remarketing scenarios.

How Will New Lease Accounting Rules Affect Small Fleets?

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.

Audit Helps Small Fleet Reduce Costs

Budget cuts forced the Wilmington Housing Authority to reduce its fleet. After implementing a plan, the agency decreased operating expenses by more than $25,000 per year.