The Financial Accounting Standards Board (FASB) has voted to move forward with a new standard that would require companies and organizations to include lease obligations on their balance sheets, a move that's being greeted with cautious optimism by fleet management companies.
How Rental Companies Use Leasing
From taking advantage of a lessor's buying power to conserving capital, leasing is a good way to put wheels on the road — after doing your homework on the right type and terms for you.