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 »
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 sentiment, but I… Read More »
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 there’s something I wanted… Read More »
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 urgency in all… Read More »
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 90’s, the size… Read More »