Tag Archives: lease
Medical Equipment Finance – An Overview
Whether you own your own practice or thinking to start a new, medical equipment finance becomes necessary. A lot of sophistication came into medical equipment. Updation of the equipments is necessary. Most of the people are not able to keep pace with changing technology and the new innovations that have paved our lives. It becomes difficult to pay cash at the time of payment for the highly rated equipment these days. Finding a finance for your purchase is the need of hour.
The market is flooded with lenders. But before you put your foot in the market for medical equipment finance, Check out the easiest way- Online Resource. The internet is the best place to start with. You can find a dearth of information related on internet. Companies who are into this business, do also provide the information on their websites. They offer you the quotes, you can customize according to your needs and have the easiest deal in the world.
The other option is of the local lenders in your area. Research on them too if you are not satisfied with online business. They give you the best rate as many times they are in need of the business. In case of local lenders , you don’t have to worry about the time it will take for the payment to arrive nor have to speak with someone .
There are several advantages of a financed purchase:-
1.It somehow save the cash flow. The cash flow doesn’t deplete. 2.You can earn a higher-income yield than the interest rate of the loan.
Lets take a look at the disadvantages too
1.A high interest rate. 2.A high Down payment.
There is something else that you can opt for .And this is medical equipment Lease. An alternative to traditional financing. With a lease, the equipment is used by you but it is owned by the leasing company. You can have a open- ended and closed- ended lease. Open- ended is the one where you return the equipment after the lease expires. Closed-ended is the one where you can retain the equipment after the end of the lease. in which case the leasing entity retains the equipment at the end of the lease term.
As a thumb rule, the higher the balance owed at the end of the lease, the lower the monthly payments.
Advantages
1. No down payment is required. 2. Lower interest rate or the residual payment. 3. Obtain more purchasing power from a given amount of available cash.
Disadvantage – More Interest is paid.
Finally, it is you too decide, the current cash availability and projected cash flow can make you finance the acquisition. This could be done with outlaying the lowest possible cash.
What Is Mineral Rights Leasing?
The importance of energy, oil, coal, and other minerals and natural resources is very evident throughout the world. The demand for commodities such as oil and gas is increasing and many energy and mining companies are on the lookout for land and properties rich with minerals. With energy and mining companies looking and mineral rights owners possessing the potential to get a big profit, mineral rights leasing is undeniably a growing trend in the real estate market and energy/mining industry.
But what is mineral rights leasing all about?
A mineral rights lease is a formal agreement between two or more parties where one party gives the other the right to make use of the minerals in the property involved. In a situation between a mineral rights owner and an energy and mining company, a mineral rights lease is where the owner of the land and/or mineral rights gives the energy and mining company to drill or mine away the minerals underneath the ground.
The mineral rights owner gets benefits in return, of course. The mineral rights owner can get a bonus payment, royalties for every product (that resulted with the minerals) sold, and any other conditions that both parties have agreed to in the contract.
Mineral rights leasing is a complicated matter. This is because it doesn’t just concern the mineral rights owner and the energy/mining company. In some cases, it concerns the surface rights owner who may not be necessarily be the mineral rights owner.
The mineral rights owner may not necessarily be the surface rights owner for the particular reason that mineral rights are not the same as surface rights. Both are different from each other. While surface rights refer to the rights to work and operate on and above the surface, mineral rights pertain to the rights used to explore and produce the minerals below the surface.
In cases wherein the surface rights owner isn’t the mineral rights owner, one would have to speak to both the owners to get permission to operate on the property for the minerals. While the surface rights owner may not have any say in the operations to extract the minerals, it is still his/her property that will be involved. It is his/her property that will be bombarded with big machines and workers. Disagreements and disputes may erupt before and during the mining operations so all parties should be accounted for. It is wise to be specific of every detail involving all parties’ conditions in the mineral rights lease to prevent future problems.
As implied by the definition of mineral rights leasing, this is no simple matter. Mineral rights leasing is complicated from the start to the end of the operations. The contract is a very big deal, and legalities have to be satisfactory for all parties to be in agreement. When problem comes before the parties about the rights of each one of them, it’ll be the contract or lease agreement that’ll steer them all clear. Make sure to consult lawyers regarding mineral rights leasing. Asking for help from geology surveyors and real estate agents is also recommended.