Learn More About Scientific Equipment & Common Laboratory Questions

What Is the Underwriting Process for Equipment Leasing?

What Is the Underwriting Process for Equipment Leasing?

Equipment leasing, a type of financing companies can use to acquire new equipment, involves a series of steps, from picking the instrument you want to getting a manufacturer quote to finalizing a leas...
What Types of Equipment Leases Are There?

What Types of Equipment Leases Are There?

Equipment financing can be an excellent option for business owners who need expensive equipment to improve or expand their operations. For scientists, this means getting specialized or updated equipme...
Equipment Lease Agreements: Common Rates, Terms, & Conditions

Equipment Lease Agreements: Common Rates, Terms, & Conditions

Science and technology feed off one another. As scientific techniques are tweaked and improved, new technology is introduced to reflect those advances, resulting in a variety of new equipment types. W...
Equipment Leasing Glossary: Common Terminology Used in the Leasing Industry

Equipment Leasing Glossary: Common Terminology Used in the Leasing Industry

Leasing can often seem like a different language. When working with a leasing company, equipment distributor, or manufacturer, you may encounter terminology (terms, concepts, acronyms, and phrases tha...
Buying vs. Leasing Lab Equipment: Advantages & Drawbacks

Buying vs. Leasing Lab Equipment: Advantages & Drawbacks

The status quo of equipment procurement in the life sciences has generally been: buy what you need for the lab with cash or a loan. However, depending on the size, scale, and financial strategy of you...
Eight Myths About Leasing

Eight Myths About Leasing

According to the Equipment Leasing and Financing Association (ELFA), almost 8 out of 10 companies in the United States rely on some form of financing to acquire equipment, including equipment loans, l...
What Is a Sale-Leaseback Transaction & How Does It Work?

What Is a Sale-Leaseback Transaction & How Does It Work?

What Is a Sale-Leaseback? A sale-leaseback (SLB), also known as a sale-leaseback transaction, sale-and-leaseback, or leaseback, is well-known for being an effective financial tool used in commercial r...
Lease Accounting & Equipment Leasing in Biotechnology

Lease Accounting & Equipment Leasing in Biotechnology

Equipment leasing isn’t widely practiced in biotechnology and the life sciences. In fact, this type of financing has historically been overlooked by scientists and entrepreneurs in the sector. In the ...
Founder's Guide to Extending Cash Runway

Founder's Guide to Extending Cash Runway

Extending Your Cash Runway in a Downturn Is Essential Cash runway is the number of months you have until your company runs out of cash. More technically, it refers to the amount of time a company has ...
Equipment Leasing vs. Financing: Differences & Types

Equipment Leasing vs. Financing: Differences & Types

Working in the life sciences requires specialized lab equipment for R&D, whether it involves drug discovery, manufacturing a medical device, or creating diagnostics. But using working capital or c...