Understanding Lease Tax Calculations (in Illinois)

[anique]

@Ccdscott

does NMAC do balloon leases?

Better Than a Lease? A Non-captive Balloon Loan Primer

The purpose of this wiki is to consolidate noncaptive balloon loan guidance and help the community better understand this alternative financing option. Anybody, with proper trust levels, can edit this wiki and contribute additional content. Why Consider a Non-captive Balloon Loan A traditional balloon loan combines features of a lease, such as low payments based on a residual value, with features of a loan, such as direct ownership. This type of financing is sometimes offered by captive lender…