Financing companies are very popular with small to medium sized businesses. Since we provide leasing services for equipment financing, we are often asked some of the advantages of using an equipment leasing company over a traditional bank. There are a lot of answers to that…
Today, let’s spend a moment talking about depreciation. Depreciation, in a nutshell, is taking a deduction on a piece of equipment over time. Typically, it’s on a piece of equipment that will eventually break down and have little to no value at some point (like…