[Foundation-l] Latest board resolutions

[Kelly Martin]

On 7/29/06, Alison Wheeler <wikimedia at alisonwheeler.com> wrote:
> >>>>A company that leases
> >>>>servers may easily give in to legal challenges or other backhanded
> >>>>threats.
>
> Can I just clarify for people who may not be aware of such things, but
> there are *two* basic forms of leasing.
>
> One is where the company 'selling' the equipment provides the leasing
> facility, such that the equipment remains the property of that company
> during the lease (basically what has been discussed)
>
> The other is a Finance lease, where you 'buy' the finance separately, use
> that finance to pay the equipment supplier and own the equipment yourself,
> subject to payments to the bank or other provider of the finance.

In most cases, they're the same thing, because when the seller
provides financing it's usually through a separate financing company
operating behind the scenes -- and if not, they usually discount the
transaction to a financing company shortly after the lease funds.

Kelly