Albert has a carpentry business. Much of the work he does in his shop, but in the end makes the adjustments and placement in the homes of their clients. So far has used his car to the movement and transport of furniture, but it is time to think about buying a van that has more capacity and is more appropriate than your car. Now do not have cash for this investment . How can I make? We have talked about the loans, credits and leasing of. What is best for you?

I am interested

How can you afford?

Loans, leasing and credit are one way to fund any investment.

The loan is for a bank advanced the money we pay for what we bought, and must repay the amount that the bank has advanced in just over a period of time (this amount of more interest is what we call). How to return this money (amounts, interest, deadlines, etc.). Negotiator at the beginning of the operation.
The leasing is a financing system in which investment is made in the name of the financial institution pays for the investment. Then set a lease through a monthly fee that includes the interest rate and taxes. By paying the last installment notes the purchase option, ie paying the last receipt is going to be proprietary.
Credits, also known as credit insurance, is a system that is used particularly to address cash crisis. With this option we negotiated a limit of money to use for a certain time. Once this time, you can renew the loan again negotiated amounts, time periods and interest.

The basic difference between the loan and the loan is a loan that you know you have an available amount of money and used it in so far as necessary (within the limits), and cost of credit is based on the quantity prepared or used. With the loan was handed over a specific amount for a certain time. The money is returned under the agreed system, usually through monthly or quarterly quotas.

OTHER INFORMATION

If Albert asks:

A loan: the van will be yours from day one and should the money to the bank.
One credit: the van will be yours from day one, as with the loan. But has the credit because at that time might have been delayed recoveries from customers and plans to recover soon, perhaps in two weeks or a month and no longer need the money. This formula is used when regular cash tension, ie at any given time we need money and have enough in others.
A leasing the van is owned by the lender and he will pay rent for its use. By paying the last installment the van becomes the property of Antonio.

How do I find?

Banks.
Savings.
Financial institutions.