Which of the following are categories of equipment financing? (Check all that apply.)Multiple select question.Financing the purchase of new equipmentSale-leaseback financingFinancing by conventional bank loansFinancing used equipment already owned by the companyMortgage financing
Question
Which of the following are categories of equipment financing? (Check all that apply.)Multiple select question.Financing the purchase of new equipmentSale-leaseback financingFinancing by conventional bank loansFinancing used equipment already owned by the companyMortgage financing
Solution
The categories of equipment financing from the options provided are:
- Financing the purchase of new equipment
- Sale-leaseback financing
- Financing by conventional bank loans
- Financing used equipment already owned by the company
Mortgage financing is not typically considered a category of equipment financing as it is generally used for real estate.
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