Category Archives: Small Business

Coca Cola need not read this

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 »

The Section 179 Time Machine

Despite the title, this isn’t a science fiction story. It’s based in reality, and is aimed at business owners and managers who are putting off purchasing new (or new to them) equipment until they hear that the Section 179 limit has been raised. To them, I say “If the equipment matters to your bottom line, then don’t wait.”… Read More »

Equipment Financing 2015 – Hot or Not (Part 2 – Not)

Here we go with part two of my periodic “what’s hot and not hot” in equipment financing (for the record, Mrs. Fletch says I’m still in the hot part, thank goodness.) The biggest “not hot” in terms of industries are those negatively affected by technology. And the very first one that comes to mind here is the printing… Read More »