Category: Equipment Leasing

Crestmark Equipment Finance Selects ASPIRE™ From LEASETEAM, Inc.

OMAHA, NE March 10, 2014 — LeaseTeam, Inc., the premier solution provider in the equipment and finance marketplace, is pleased to announce Crestmark Equipment Finance has selected LeaseTeam’s single system end-to-end lease and loan management solution. Crestmark Equipment Finance services two business channels: middle market, asset-based high technology and small ticket vendor-driven business. To support… Read more »

School Districts Should Leverage Technology Leasing to Acquire New Equipment

Last week, Grosse Pointe Public Schools in Michigan saw voters defeat a $50 million proposed technology bond issue to replace/add generators, upgrade phone systems, add new security cameras and doors, and install a private fiber-optic network. According to an article in the Detroit Free Press, the proposal was defeated 8,617-3,718 (unofficial results). The 10-year measure would… Read more »

Equipment Leasing 101: Choosing Between a Fair Market Value and $1 Buyout Lease

In this week’s blog, Crestmark Equipment Finance explains typical end of lease purchase options available to a customer when the lease terminates at the end of his or her selected monthly term. In the equipment leasing industry, the “standard” buyout options consist of Fair Market Value (FMV) and $1 Buyout (or $1 Purchase Option) with… Read more »