Category Archives: General Finance

Because thats what we do here

Equipment financing companies and who they finance (part 2)

Ok, last time out I talked about Equipment Financing companies advertising that they do business with all kinds of large clients. And then I stated that most equipment financing and equipment leasing deals come from small to medium sized businesses. Well, here I’m going to open the curtain a bit and show you the basic details of a… Read More »

Equipment financing companies and who they finance (part 1)

One thing I always pay attention to is equipment financing companies and their websites / marketing (both my own company’s website and the competition.) And you know, I’ve noticed a funny thing: unless my company is alone on an island, it would seem that everybody else only finances equipment for big companies. Really, looking on some competitor websites,… Read More »

What’s hot in equipment financing (Part 2)

Let’s continue on my “what’s hot (and not) in equipment financing” series. This is part 2 of the “hot” side (insert McDonald’s McDLT joke here… only some of you get that, right?) Anyway, here are some more industries that are “hot” in leasing equipment: Vocational Vehicles are hot. What I mean by “vocational vehicles” are trucks and such… Read More »

Credit Inquiries… why are they bad? ( part 1)

Let’s leave equipment financing alone for a bit and continue with our credit series. I had mentioned in my last credit post (about credit scores) that credit inquiries were bad for your credit. But the question as to “why” comes in – just why are credit inquiries bad for your credit score? Well, the answer is perception, plain… Read More »

Reason #2 an equipment financing company is better than the bank – the Upfront Costs are lower.

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 keep your cash… Read More »