In our ongoing series of getting into the details of equipment leasing agreements, I thought I’d start out with the basics: explaining and defining several notable equipment leasing terms. I’m going to stick to just a few essential terms that are important – you will find these all throughout any lease agreement, especially in the fine print. Lease… Read More »
Equipment leasing and equipment financing are often seen as similar, and in a big picture sense, they are (you get equipment, and you make payments on it). But the details of the two are quite different, with equipment leasing having many more moving parts and somewhat arcane terms. For the next few posts, I’d like to go over… Read More »
This is it. We are into the homestretch for Section 179 for 2019. When the clock strikes midnight on 12/31/2019, that’s it – Section 179 for 2019 is done. Over. Finished. And you don’t want to miss it. Trust me on this – here’s why: The US Government has given small and medium businesses a HUGE gift with… Read More »
I was talking to my friend Edward the other day. Edward owns a landscaping and small equipment repair business, and he’s been very successful over the years. He’s also a customer of ours, and has been for more than a decade. We got to talking about business growth, risk, and what it takes to be successful. And he… Read More »
Continuing my series of why pretty much any time is a good time to finance equipment, let’s take a look at equipment financing in April. First of all, for most companies, April is the first month of the second quarter. This means 1/4th of the year is already over, and most firms have a good handle on how… Read More »