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Learn about types of fleet leases, benefits, and potential drawbacks, tips for choosing the right fleet management partner, and more.
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Terex shares tips to help fleet operations managers better understand their options for maintaining as much financial liquidity as possible without compromising investment in mission critical equipment.
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Dynamic, fast-moving financial options can create a real dilemma if you’re looking to update your fleet. Luckily, some tried-and-tested baseline rules can help cut through the clutter and secure the financing options you need to grow your business.
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The open-end, TRAC lease allows fleet managers a great deal of flexibility in managing depreciation. One manifestation of that flexibility is allowing fleet managers to amortize vehicles based on vehicle class and usage.
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The FASB and IASB have put a new leasing project on their agendas. The outcome will be the creation of one leasing standard applied worldwide. Is this the beginning of the end of off-balance sheet accounting for fleet leases?
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Any small business owner contemplating a TRAC lease needs to understand the mechanics of the lease and how to effectively negotiate one.
Read More →With the extensive menu of leasing and fleet management services available, fleet management agreements can be confusing. It is important to understand what to look for and what negotiable issues are.
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