Distinguishing Capital Projects from Maintenence Needs
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Distinguishing Capital Projects from Maintenence Needs

ByCharles Gildea

A capital improvement plan (CIP) is a dynamic community planning and fiscal management tool used to coordinate the location, timing, and financing of capital improvements over a multi-year period. However, many expenditures are not part of the CIP. It is important to distinguish between a capital project to be included in the CIP and an…

Consumer Lease Financing with Terrace: How It Works
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Consumer Lease Financing with Terrace: How It Works

ByRobin Eitel

For many consumers, the purchase of a medium to big-ticket item can be challenging to afford all at once. A lease is an appealing alternative for customers who are looking to pay over time for a product. Leases offer lower interest rates than most credit cards, and cover purchases for items that banks don?t deal…