Fletch Predicts: Rates Update

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 »

theLeaseGuy

Section 179 Summer 2022

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 »

theLeaseGuy

What’s Hot in Equipment Financing in 2022

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 »

theLeaseGuy

Yes You Should Still Borrow In a Higher Rate Environment

I had an interesting conversation right after the “big” June rate hike.  A customer was in the process of buying a new machine they needed, and the rate hike happened right in the middle of their “which of these two models should we buy?” discussion. And since like most businesses they were going to finance the machine, they… Read More »

theLeaseGuy

Control Over Your Assets is Very Important Today

Over the years, I’ve spoken quite a bit about the restrictions that are common on almost all bank loans, and how they can really make things tough on a company.  To refresh, the three I mention most are: Blanket Liens – This is where the bank slaps a lien on your entire business, meaning you cannot do what… Read More »

theLeaseGuy