Happy New Year! It’s the day you’ve all been waiting for: the 2024 version of Fletch Predicts! I’ve been on a pretty good roll – AI was the buzzword for 2023 just like I thought it would be, and I hit on one sports pick too. And rates pretty much did what I predicted as well. Now onto… Read More »
It’s the holiday season again, and that means it’s time for my annual wish list. Last year, I asked for a few things related to economics. First and foremost, I wished for rates to stop going up. I knew this was a tall order for the earlier parts of the year, but lately this seems more promising. I… Read More »
In my previous blog post, I discussed the two general ways equipment financing is applied for: Application–Only and Financial Disclosure. I then went over the details of Application-Only, and noted how it is fast and easy, requiring one simple form. But today we’re going to discuss Financial Disclosure Equipment Financing. This is where the lender needs more information… Read More »
I was tempted to open with a joke about rates, but honestly, at this point, nobody feels like laughing. But there is good news – we are hopefully nearing the end of rate hikes. As you well know, over the last 18 months, the Federal Reserve has been steadily raising rates. This year they paused in June, raised… Read More »
Let’s wrap up our leasing terms and definitions series. We first gave an overview of equipment leasing in general, and then got into terms, phrases, and definitions. That was pretty interesting because I’m sure a lot of folks didn’t realize terms like “monthly rent” applied to equipment leases as well. We then got into the wear and tear… Read More »