A few posts ago I mentioned that we had an equipment financing portfolio, and that the term would be fodder for a future blog post. Well here we are – let me explain what I mean by “equipment financing portfolio”. The truth is, every equipment financing company has an equipment financing portfolio. That’s because an equipment financing portfolio… Read More »
I get cornered at parties a lot and asked all kinds of financial questions. I guess if you work in any industry where “money” is involved, you become some kind of money expert. At least in the eyes of others. So the other day I get asked “Fletch, why are credit card rates so high, higher than things… Read More »
If you read this blog, you know I’ve commented on the economy from time to time. And I’m usually pretty optimistic… well, cautiously optimistic – that’s a better way to describe it. But I do try and look for signs that “things” are getting better, etc. But this isn’t one of those posts. This isn’t doom and gloom,… Read More »
This is going to sound like a bit of a plug, but recent events force my hand. Also, President Obama apparently did not read my “we’re still lending” post a few months back. For shame. Anyway, while watching the President’s speech to congress (and us) the other night, I was happy to hear him talk about the need… Read More »
Being that I work in equipment finance, I need to clear a little something up in regards to debt: Contrary to what you might hear on the TV and such, debt is not evil, debt is not bad, and debt is not responsible for the economic slowdown. At least not good debt. What is Good Debt? What’s the… Read More »