Leasing is a strategic option for businesses seeking flexibility, cost control, and access to essential assets without a large upfront investment. However, to fully benefit from leasing, it’s crucial to understand and navigate the process effectively. From evaluating needs to negotiating terms, each step plays…
When your business needs new equipment, you have two primary options for financing: equipment leasing and traditional financing. Each offers distinct advantages depending on your business’s goals, financial health, and equipment needs. Let’s break down both options to help you make an informed decision. When…
For many Small and Medium Enterprises (SMEs) in Nigeria, leasing provides a convenient solution for accessing the machinery, vehicles, and equipment needed to grow their businesses. It helps businesses preserve capital and plan their budgets more effectively. However, leasing is not without risks, and without…
Digital technology is revolutionizing the leasing industry in Nigeria, enabling companies to enhance service delivery and improve client interactions. Innovations like customer experience (CX) apps, chatbots, and artificial intelligence (AI) are at the forefront of this transformation, streamlining processes and creating a more efficient environment…
The Nigerian equipment leasing market is evolving rapidly, driven by a combination of technological advancements, changing business needs, and economic factors. As businesses seek to enhance productivity and efficiency, understanding current trends in equipment demand and the financing challenges they face is crucial for strategic…
Do you know that any equipment you need can be acquired without an outright purchase, using cash or borrowings? Alternative methods such as leasing will allow you spread payments over a period corresponding to your need to use the equipment. At M.I.S.S Leasing we help…
Have you ever acquired a vehicle or other equipment by finance or leasing before? Are you interested in acquiring vehicle asset now or nearest future? If you are gainfully employed, let us take you through the differences between the two methods of asset acquisition.…
We hear it over and over again from our equipment financing customers – that they are continually impressed with how fast we fund deals. In plain terms, many individuals and businesses are used to the Bank’s pace of doing business. And the bank takes it…
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…
