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"General Finance"
We’re continuing with our “ten reasons an equipment financing company is better than the bank” series today with the second reason – and that reason is that upfront costs are lower. So there you are, contemplating financing a new (or even used) piece of equipment. You’re financing this equipment because like many companies, you’d rather [...]
Leave it to me to see a connection to equipment financing from pretty much any news story. In hearing and reading about occupy Wall Street and other protests, it struck me that a lot of what the people are saying is we lost “good jobs”, and that they want them back. I totally get that [...]
Awhile back, I posted about interest rates on loans and credit cards and such, and cited collateral as one of the influencers of interest rates. In general terms, I said the better the collateral, the better the interest rate (which is why credit card rates are so high – the collateral is terrible.) But [...]
In a recent post, I mentioned how I felt a little inflation was inevitable in 2011. I also mentioned that that might not be such a bad thing for businesses – at least in this equipment financing guru’s eyes. See, when there’s inflation (or even a threat of inflation), businesses get a renewed sense of [...]
Ok, before I go into this post, I want to make sure we all understand something: I do not have anything to do with the economy or interest rates or the like. I’m an equipment financing guy, so in terms of the big picture, nobody listens to me. And unlike Alan Greenspan in the late [...]
Section 179 Deductions
Happy New Year! We've reached 2012 - and time once again to claim your Section 179 Write-Off for this 2012 tax year!
If you want that new piece of equipment or the latest software to fire up your business - don't hesitate to contact me to learn more about Section 179 Qualified Financing!!
Recent Thoughts by Fletch
- Reason #5 why an equipment financing company is better than a bank – Financial Statement Covenants
- Reason #4 why an equipment financing company is better than a bank – Compensating Balance
- It’s tax time – did you take advantage of Section 179?
- Reason #3 an equipment financing company is better than the bank – we don’t want your first born (or your kid’s college fund) as collateral.
- Reason #2 an equipment financing company is better than the bank – the Upfront Costs are lower.
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