Updated 1/6/2022. Originally Posted 1/28/2018. If the world of financing and leasing seems like a confusing landscape of options, you’re not alone. Approaching the industry with little to no financing experience can be overwhelming for anyone trying to introduce financing as a viable option for their business. Related: What is the Difference Between a Lease and a Loan? Like anything new, it’s helpful to understand the nuts and bolts of financing: at GreatAmerica, that’s an introduction to our most popular equipment lease types in use by businesses today. We’ll look at the pros and cons of each so you can identify which one is best for your business and your customers.
“If it isn’t broken, don’t fix it.” We all know the saying which implies that if a particular something isn’t wrong, we need not take action to correct it. The message can sometimes be great advice, however when it comes to technology, outdated hardware or software are both a liability and a loss of opportunity when it comes to efficiency and cost savings. Simply put — clinging to old, sometimes clunky technology can end up costing more than the price of an upgrade. In this blog, we highlight a handful of pitfalls associated with hanging on to outdated equipment.
