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Q: Equipment Lessor-one of the new venture financial resourse ( Answered 4 out of 5 stars,   4 Comments )
Question  
Subject: Equipment Lessor-one of the new venture financial resourse
Category: Business and Money > Finance
Asked by: dreammaker-ga
List Price: $20.00
Posted: 30 Sep 2002 23:51 PDT
Expires: 30 Oct 2002 22:51 PST
Question ID: 71073
Could you please do some reaches for me about the advantages and dis
advantages, stucture of funds, cost, hassle factor of doing the
financial way of equipment lessor to start up a business?
Also, could you please provide some equipment lessor companies in
Portland OR area to contack with?

Thank you very much!!
Answer  
Subject: Re: Equipment Lessor-one of the new venture financial resourse
Answered By: techtor-ga on 29 Oct 2002 02:24 PST
Rated:4 out of 5 stars
 
Greetings Chun-Ping,

I hope I’m not too late to provide research for you. I looked up
equipment leasing, and even if my answers aren’t so wonderful, I hope
they serve your purpose.

I just summarized the advantages below after collecting them from the
sites. I hope you are able to look up the sites for an explanation on
each:

- Leasing conserves your working capital.
- Preserves your credit lines
- Provides 100% financing
- Provides flexibility
- Provides a variety of tax benefits 
- Low acquisition costs 
- Eliminates equipment obsolescence
- Quick and easy to apply for 

If you are the vendor, here are the advantages for you:

- Overcoming price objections to help close the sale
- Allowing the client to afford bigger and better equipment
- Being able to secure the sale and get the equipment to the customer
quickly
- Enabling the retailer to make rapid credit decisions

Equipment Leasing Advantages from Recruiters’ World
http://www.recruitersworld.com/Leasing/LeasingIntro.asp

Advantages of Equipment Leasing from Diversified Business Funding,
Inc.
http://www.divers-funding.com/Leasing%20Advantages.htm

Leasing Advantages at M2 Lease Funds LLC
http://www.m2lease.com/differences/advantage.htm

Now the disadvantages:

- Overall Cost
- Commitment of term/ to property
- No equity / ownership interest
- Taxes and maintenance

Disadvantages of Equipment Leasing - Media Capital Associates
http://www.mediacap.com/disadvantage.html

CCH Business Owner’s Toolkit - Leasing Disadvantages 
http://www.toolkit.cch.com/text/P04_5155.asp

This article mentions problems about third-party rights to data stored
in leased data storage equipment.
The Intangible Side of Equipment Leasing: Third Party Claims Against
Stored Data.
By Warren E. Agin, Esq.
http://www.swiggartagin.com/articles/intangible.html

As for a list of leasing companies in Portland Oregon, let me list a
few with the links to the sites I got them from.

Here’s one possible lessor:
American Equipment Co., Inc.
89 NE Columbia Blvd.
Portland, OR 97211
Voice:(503) 283-4011
FAX: (503) 283-4074
http://www.americanequipmentco.com/contact.html

Approved Lessor list from the Univesity of California for a specific
project, I think.
http://www.ucop.edu/matmgt/mdlessor.html
Let me list the two mentioned in the above link:

Cisco Systems Capital
1211 SW Fifth Avenue, Suite 400 
Portland, Oregon 97204
Kendall Hansen - Western Region
Phone: (503) 790-7613 
Fax: (503) 790-7574 
kehansen@cisco.com

Key Municipal Finance
1211 SW Fifth Avenue, Ste 400
Portland Oregon 97204
Kendall Hansen, Western Regional Manager
Phone: 503/790-7624
Fax: 503/790-7574
Kendall.Hansen@key.com 
All financing size (no min or max)

Meanwhile, here’s a better list of Equipment Leasing Companies in the
Oregon area, there are a lot:
Office Machinery and Equipment Rental and Leasing Oregon 503 Area from
Gy.com
http://www.gy.com/biz/532420/503.htm

Let me list a couple from the above as examples:

Advantage Business Services
503-297-8032
8885 SW Canyon Rd
Portland OR 97225

Equilease Financial Services Inc
503-297-4667
9999 SW Wilshire St
Portland OR 97225

How I searched on Google (parenthesis means I include or exclude the
words):
equipment lessor/lessors/leasing (portland oregon)
equipment leasing (dis)advantages

I hadn’t much time to satisfy the other requirements of your question,
but I hope this provides the basic information you need. Let’s see if
I can add some more later on.

Researching in good faith,

Techtor
dreammaker-ga rated this answer:4 out of 5 stars

Comments  
Subject: Re: Equipment Lessor-one of the new venture financial resourse
From: techtor-ga on 28 Oct 2002 07:27 PST
 
If you could hang on, I can prepare a good answer. I am aiming for the
$20 version you posted (but of course :) ).

techtor
Subject: Re: Equipment Lessor-one of the new venture financial resourse
From: dreammaker-ga on 28 Oct 2002 10:44 PST
 
Thank you very much...
I am very interested in your answers, but I don't quite understand
what you meant in your comment about (but of course :) ).
How can I contact with you??

Sincerely yours,
Chun-Ping
Subject: Re: Equipment Lessor-one of the new venture financial resourse
From: techtor-ga on 28 Oct 2002 20:52 PST
 
I'm afraid you can't contact me outside of Answers. It's against our
policy. I'm just preparing my answers to post here.

Techtor
Subject: Re: Equipment Lessor-one of the new venture financial resourse
From: dreammaker-ga on 29 Oct 2002 00:27 PST
 
Sure, I will wait for your helpful answers.
Anyway, thank you very much for your help!


Chun-Ping

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