A lot of times when we discuss equipment financing in print, or even face to face, we’ll sometimes use the phrase “monthly payments” as a substitution for the word “financing”. For example, I’ll write a blog post on vendors offering financing, and now and again, I’ll slip in “offering monthly payments is a great way to increase sales”.… Read More »
I mentioned opportunity at the end of my last post. Let’s expand on that. As we navigate through what is proving to be an extremely “different” business environment, I am reminded of a local planning board meeting I attended a few years ago. Under discussion was a recent blight of failed businesses, and some empty buildings on the… Read More »
Every spring, I do a “hot and not in equipment financing” series of posts. And since I’ve always done it, I will do it in 2020 as well. That said, it does feel strange doing this in the middle of the COVID-19 crisis. So it’s with an addendum: I’ll talk about a few industries that are doing well… Read More »
My last post mentioned a new type of equipment financing customer we are seeing: the company that used to pay cash for everything who is now starting to finance equipment purchases. And they are doing this to keep their own money safely in the bank while they make monthly payments on equipment. So now, I will ask once… Read More »
Every time I think I’m going to finish talking about equipment sellers offering financing to B2B customers, I think of yet another relevant angle. The other day, I had a prospective vendor tell me “look, I know you say offering financing to my B2B customers is easy, but that’s not enough. I literally want to plug it in… Read More »