Category Archives: Small Business

Coca Cola need not read this

Equipment Financing, Rates, and Acting Now

Let’s talk about rates and equipment financing for a minute, and trying to get the best deal you can for yourself. Rates on any type of lending are affected by the Federal Reserve Rate (aka, “the Fed”). If that goes up, banks and other lenders raise their rates. When the Fed goes down, lending rates lower. The actual… Read More »

What’s Hot in Equipment Financing?

Every year or so, I do a “what’s hot in equipment financing” post, typically followed by a “what’s not so hot in the world of financed equipment”. And in these posts, I highlight industries that are rising / falling, based on what I see in equipment lease applications. This year will be a bit different. Because right now,… Read More »

A Business Credit Myth

One thing that many people misunderstand about business lending (and this means banks as well as equipment finance companies) is we do not like high risk. Period. So that said, there’s this myth that lenders will lend businesses money based on a business plan. The myth more or less follows the thought that when you are in the… Read More »

Why Financing Specialty Retail Software Matters

Here’s my second post on financing retail equipment to better help a retailor compete. When we last left my pet supply store friend, he had upgraded all of the shelving fixtures and displays in his stores. Now it was time to venture into the world of cyberspace and perhaps dip his toe into online ordering and similar. This… 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 »