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The Impact of ASC 842 – The New Lease Standard Is Here. It is time for contractors to get serious about the new accounting lease standard. It is time for contractors to get serious about the FASB ASU 2016?02 02 ASC 842 Leases, the new lease accounting standard issued by the Financial Accounting Standards Board (FASB).
The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index showed a 12 percent increase in new-business volume in August compared to August 2015. The Index reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector.
The Equipment Leasing and Finance Association’s ( ELFA ) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for June was $9.8 billion in May.
The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) , which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for March was $8.9 billion in February.
The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) , which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for July was $7.9 billion in June.
The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) , which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for March was $8.9 billion in February.
The Equipment Leasing and Finance Association (ELFA) released its February Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) that shows confidence in the equipment financing sector dropped from January's 54.0 February 2016 Survey Results : Business conditions over the next four months:
The Equipment Leasing & Finance Foundation (the Foundation) released the December 2016 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today and reports a 12.9 percent increase from November's index of 54.6
The Equipment Leasing & Finance Foundation (the Foundation) released the December 2016 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today and reports a 23.6 percent increase from November's index of 54.6
PACE state enabling statutes generally authorize local governments to engage private sector lenders to provide upfront low interest financing to property owners for qualified projects (e.g., providing opportunities to separately finance the top 20% of a construction project or.),
PACE state enabling statutes generally authorize local governments to engage private sector lenders to provide upfront low interest financing to commercial property owners for energy efficiency, water conservation and renewable energy projects (e.g., So, what is wrong? The concept is sound.
PACE state enabling statutes generally authorize local governments to work with private sector lenders to provide upfront low interest financing to property owners for qualified projects (e.g., What is wanting is the broad regulatory framework that enables the ‘off balance sheet’ financing that is PACE lending.
a homeowner with leased photovoltaic panels on their roof) in southern Nevada by approximately $623 per year, having the effect of increasing electricity costs for the many (including disproportionately, the poor). Net metering programs that exist today are a regressive income redistribution in support of a greater political goal.
Equipment leasing and financing provide the source of funding for a majority of U.S. "Equipment acquisition is critical in driving the supply chains across all U.S. manufacturing and service sectors. businesses to acquire the productive assets they need to operate and grow," says Petta.
The Equipment Leasing and Finance Association (ELFA) announced that President and CEO William G. 1, 2016.' Sutton, CAE, will retire at the end of 2015. ELFA’s executive committee and board of directors have voted unanimously to name Chief Operating Officer Ralph Petta as its new president and CEO, effective Jan.
CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. Terms for both are normally 10-20 years and can finance up to 100% of the project costs. ALABAMA - updated for 2014. They are: The Renewal Program.
CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. Terms for both are normally 10-20 years and can finance up to 100 percent of the project costs. It allows for the construction of roads, bridges, etc.
million to construct and equip a 150,000 square-foot office to house its headquarter operations at the Creekside Corporate Park in Zionsville, as well as lease more than 600,000 square feet of additional warehouse space in Indianapolis. million to renovate and equip its current 1,100 square-foot laboratory in Bloomington.
Beginning Entrepreneur Loan Guarantee Program: Designed to assist in business start-up financing by providing a financial institution with guaranty of a loan not to exceed $200,000. Loans may be used to finance the purchase or improvement of real property, equipment or personal property, or working capital needs.
Beginning Entrepreneur Loan Guarantee Program: Designed to assist in business start-up financing by providing a financial institution with guaranty of a loan not to exceed $200,000. Loans may be used to finance the purchase or improvement of real property, equipment or personal property, or working capital needs.
Paul, MN-based Securian Financial Group, will lease four floors of a new 137,000-square-foot, five-story facility in Carmel’s emerging Midtown district. The city of Carmel will use tax increment financing to finance the construction of a public parking garage in conjunction with the project.
By the BF Staff From the March/April 2016 Issue. In addition to directly providing 29 million retail jobs it supports more than four million logistics jobs; four million management and administration jobs; two million healthcare and service jobs; almost two million finance, insurance and real estate jobs; and 800,000 technology jobs.
After leasing the U.S. In 2016, U.S. Peoria recently was ranked number seven on America’s 50 Best Cities to Live list from Yahoo Finance, and for good reason. The company recently built out a 216,000-square-foot, state-of-the-art manufacturing facility in Mesa, which will create more than 500 jobs.
The company expects to break ground on the new facility by the end of this year and begin tire production by 2016. million in state and local performance-based grants (to assist IBM with facility lease costs, building operating costs; workforce recruitment, relocation and internal training costs; and payroll incentives).
The Business Council and PRECorp seek to make available WyoRECs™ as part of the Business Council’s business recruiting toolkit and to assist businesses in PRECorp’s service area which are seeking Business Council financing. million to lease, renovate and equip a 56,800 square-foot facility in Munster. The company will invest $2.28
million through state financing. While VEESAG does not lease wet lab space at CCIT, company founder Raj Sadhu points to numerous CCIT resources that have helped him grow his company — particularly the advice he is able seek from professionals on a wide variety of topics, and synergetic environment that the incubator offers.
NYSERDA plans to make an additional $6 million available to building owners and their tenants this month to improve energy efficiency in leased office spaces, which typically consume between 40 to 60 percent of a building’s total energy use.
Following the recent closure of $3,200,000 in venture funding, ChartSpan has signed a lease for nearly 100,000 square feet of office space. ChartSpan Medical Technologies, Inc. will bring 300 new healthcare jobs to downtown Greenville, SC.
Richelieu has leased a 115,000-square-foot manufacturing facility, and plans to employ 115 people. An overlapping Tax Increment Financing (TIF) district offers a strategic financing mechanism for pending and proposed developments in and around the airport.
Public Project Revolving Loan Fund (PPRF): The New Mexico Finance Authority¹s flagship program funds infrastructure and capital equipment projects with low-cost and low-interest rate loans. The planning money comes in the form of a loan which may be forgiven when the final project is financed through NMFA. Tax Incentives.
. “Through its real-estate arm, Sears…has listed on its website nearly 4,000 of its namesake and Kmart stores that have space for other merchants or retail operations to lease.” Corporate Finance Associates blog. “This is in part because of a $5.25 billion project to widen the Panama Canal by 2014. HubTrotter.
For FY16 (July 1, 2015 through June 30, 2016) EDD has received an appropriation of $50 million in LEDA CO. For a list of New Mexico economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide. LEDA funds are provided on a reimbursable basis only. TAX INCENTIVES. Appointment.
By the BF Staff From the January/February 2016 Issue. The organization’s affiliates own, operate or lease 199 hospitals in 29 states with approximately 30,000 licensed beds. Medina, MN-based Polaris plans to complete construction on the facility in early 2016 and begin production shortly after that.
Available to businesses of all sizes and a wide variety of industries, these incentives benefit business in many ways, including reduction or elimination of property, payroll, income and/or sales tax liability; customized job training; and special financing, grants and loans. Those include five on the Fortune 500 list—Berkshire Hathaway, Inc.,
The new facility, which will increase Apple’s workforce in Austin to more than 6,700, will serve as the primary operations nexus for the company in the Americas outside of Apple’s global headquarters in Cupertino, CA, centralizing accounting, human resources, sales, marketing and finance.
As a member of the European Super League of biomedical clusters, and the European City of Science for 2016, Manchester offers excellent international connectivity and unique gateway organizations and support systems to help companies gain an important foothold in the National Health Service (NHS). A GLOBAL GATEWAY IN THE UK.
In 2011, Emerson leased 18,000 square feet of space at the Sawgrass International Corporate Park with the option for an additional 9,500 square feet. million Series A financing round, and we’re excited to be a part of this round of investment with Stik,” said Finney. The M-1 Rail line is expected to open mid-2016.
At OPPD we will be at 15 percent renewable energy by July and we will be at 30 percent renewable energy by December 2016,” said Mueller. The project is self-financed by Solaro Energy President and CEO Dennis Grubb. The state’s solar financing model relies on one of the most aggressive Renewable Portfolio Standards (RPS) in the country.
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