DNTS » Equipment http://dnts.org Business, Marketing, and More Wed, 08 Feb 2012 15:39:53 +0000 en hourly 1 http://wordpress.org/?v=3.0.5 Catching online bids from heavy equipment buyers http://dnts.org/catching-online-bids-from-heavy-equipment-buyers http://dnts.org/catching-online-bids-from-heavy-equipment-buyers#comments Sun, 26 Jun 2011 15:39:43 +0000 Benjamin Sabin http://dnts.org/catching-online-bids-from-heavy-equipment-buyers
A behind-the-scenes view of the Ritchie Bros. Internet Services Group, “catching” bids from people around the world bidding on equipment online in real time at rbauction.com. Filmed on a busy auction day, with five equipment auctions taking place in three countries, and more than 1000 heavy equipment items and trucks sold (Sept. 28, 2010).

]]> http://dnts.org/catching-online-bids-from-heavy-equipment-buyers/feed 0 Equipment Secured Business Loans http://dnts.org/equipment-secured-business-loans http://dnts.org/equipment-secured-business-loans#comments Fri, 30 Jul 2010 15:44:29 +0000 Benjamin Sabin http://dnts.org/equipment-secured-business-loans As has been one of the common themes through our article discussions, banks and finance companies love to provide business loans that are secured by tangible goods such as equipment and real estate. This is, again, because in the event of a credit default they will be able to recoup a majority of their principal by taking possession of the secured property with the intent to resell it. In regards to equipment business loans, there are a number of different avenues that you can take in order to acquire the equipment that you need for your business. In many instances, the equipment seller or manufacturer will have a number of lenders that they can refer you to when you are looking for business loan specifically for equipment purchases. Major corporations and manufacturers often have their own in house financing programs that you can apply for when purchasing large scale equipment. This is especially true for machinery that costs in excess of $25,000.

 

Equipment loans, as compared to traditional loans, are much easier to obtain as there is fully security for the lending party for the equipment they are providing to you. As an alternative to equipment loans – there is the equipment lease. Much like a business loan, you will be required to submit a formal application and you may be required to present a business plan. However, full title for the equipment (should you decide to lease it) remains with the finance company or manufacturer that is providing you with the equipment. Additionally, the full cost of the lease is generally deductible for tax and accounting purposes. This is because you are not purchasing the equipment. In a lease situation, you are paying for the depreciation of the equipment plus an interest rate tied to the depreciation of the equipment.

LookingforBusinessLoan.com is a specialty website that provides content that focuses on the needs of small business owners and people seeking start up business loans. We encourage you to visit our website if you are looking a for business loan.

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