Category Archives: Business Vehicle Financing

All Things Titled – Vehicles and Trailers

It’s Not Used – It’s Preowned

My last post on used equipment financing spurred a recent memory. Mrs. Fletch and I were shopping for a vehicle awhile back, and we were undecided on whether we should buy a new or a used car. There were plusses and minuses to each, so we decided to look at both. We went to the local dealership, test… Read More »

Why Financing Used Equipment Matters

Let’s discuss financing used equipment today. Because it’s a topic that doesn’t get nearly as much press as it should. Do you know why it doesn’t get all that much press? Because there aren’t a whole lot of lenders that embrace used equipment financing. And since I work for one of the few who do, I’m almost puzzled… Read More »

Equipment Leases – The FMV Lease

As readers know, I’ve done several posts on equipment leasing and different types of leases. And that continues today with the FMV lease. The FMV in FMV Lease stands for “Fair Market Value”. It’s also sometimes known as a “true lease” in business circles, probably because this structure was likely the original thought behind leasing. An FMV lease… Read More »

One more thing on vehicle leasing – a funny phone call we received

Being in the equipment financing business, we get a ton of interesting phone calls. And one we got last week qualifies as interesting, and also because I’ve been blogging a lot about automobile leasing, fits perfectly into a blog post. To first set the stage, I was recently discussing vehicle leasing and financing and similar, and what type… Read More »

Vehicle Leasing and Financing 3 – So what type of vehicles DO equipment financing companies finance?

I talked last time about vehicle financing and leasing, and why equipment financing companies don’t finance passenger vehicles. The reason boiled down to these are not 100% business vehicles, and therefore come under the umbrella of “consumer debt” in the eyes of many, which almost all commercial lenders wish to avoid. So that begs the question – just… Read More »