Author Archives: theLeaseGuy
I get questions all the time regarding why lenders don’t like specific industries or business types. It’s a touchy topic, because basically, there’s no way around talking about stereotypes and hurting people’s feelings. If I say “industry XYZ has a high failure rate, and therefore is a bad credit risk”, to people IN industry XYZ… well, you just… Read More »
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 »
I’ll be writing two posts on brick and mortar retail businesses, and how they are faring in the world of online shopping and big box retailers. This came about from a conversation I had last week with a local retail business I’ve always frequented, and know the owner. This particular business is a small, local pet supply chain,… Read More »
You’d be surprised, but people ask me this type of question all the time. Usually when they ask about a good time to lease equipment or similar, they are usually referring to economic indicators, time of year, Section 179 limits, interest rates, and so on. There are a lot of answers to the question, but now that Section… Read More »
It was a little over a year ago that I last talked about software financing (“Why software financing makes sense” – April 2015), but I was reminded again recently why this topic can be so important for many companies. I was talking to a new client of ours, and indeed, we financed software for her company. Specifically, an… Read More »