Small Errors Can Cause Catastrophic Outcomes

In the fast-paced, highly competitive industry of equipment leasing and finance, identifying potential clients and closing transactions can be challenging. Knowing that, once a lessor/lender secures the deal, the small and seemingly insignificant details may be overlooked. However, appropriately documenting and maintaining the transaction is important as overlooking small details sometimes leads to large problems, particularly in perfecting, renewing and terminating security interests granted to the lessor/lender in connection with the lease or equipment finance transaction. (1.) Here are some simple tips to avoid the common errors…

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