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Because such loans are a continuing relationship, not a one-time transaction like a stock purchase, lending rates may vary based on such things as service and willingness to avoid calling loans.
In accounting terms, it's what's called capital expenditure and maintenance -- not a one-time transaction, but a periodic expense from which I realize a return on my investment.
On average, the price is about $25 per 1,000 miles, plus 7.5percentt federal excise tax and in most cases a one-time transaction fee, usually $25.
HaaS changes the relationship between the vendor and customer, extending a one-time transaction into a long-term relationship.
It's still an unproven business model, but revenue sharing could represent a tidy windfall because it produces a constant revenue stream, whereas a hardware sale is generally a one-time transaction.
Users might fund their Facebook Crypto wallet once with a payment, possibly with a one-time transaction fee, and then they could send and receive the tokens for free from then on.
Rather than viewing their relationship with borrowers as a one-time transaction, most marketplace lenders are treating it as a long-term relationship, in which they build trust and set the stage for many more future interactions – interactions that consumers appreciate and even enjoy.
Being a terminologist, I care about word choice. Ludwig simply helps me pick the best words for any translation. Five stars!
Maria Pia Montoro
Terminologist and Q/A Analyst @ Translation Centre for the Bodies of the European Union