I’ve mentioned restrictions quite a bit in this blog. In fact, a post from earlier this year about control over your equipment and assets really drives the point home. All too often, companies enter into financing and leasing agreements with all kinds of draconian covenants and restrictions in the fine print. These restrictions (like blanket liens, minimum bank… Read More »
It’s the #1 question our customers have been asking for almost all of 2022: when are these interest rates coming down? I wish I knew the answer, but I don’t. Nobody does. We’ve seen rates rise all year, most recently at the beginning of November. And to my eyes (as well as to most economic pundits), the end… Read More »
I usually don’t revisit my predictions midyear, but I want to make one further prediction for this year. And since I’m doing that, I may as well let you know I nailed my Warriors basketball prediction, my NHL prediction (Lightning) made the finals and my Mets prediction is looking pretty solid right now. But the important one is… Read More »
Shall we check in on Section 179 now that we’re past the midpoint of 2022? Honestly, I feel bad for Section 179, because all I’m seeing in the news is inflation and rates. I hear about how everything costs more. But I never hear about the single best business incentive ever invented: our friend Section 179. But it’s… Read More »
With more than half the year being over, it’s time for my “what’s hot in equipment financing” post. I’ll start out by saying “hot” is a relative term. The current climate of supply chain delays, shortages, and inflation basically mean nothing is really “hot” like we used to think of it. But there are a few industries and… Read More »