All organizations rely on up-to-date technology to run their businesses and stay competitive. However, they often fail to consider the impact of the acquisition method on the organization.
All businesses need up-to-date equipment to run their company and stay competitive. Common methods of paying for this equipment include revolving lines of credit, term debt and equipment leases.
Look before you leap into an equipment lease.
By demonstrating a strong cash position, organizations can maintain debt ratings, avoid bank covenant violations, and improve liquidity ratios.
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