I have roughly 17,000 things on my desk today, all of which need my attention. To say businesses are looking to finance equipment in 2020 is an understatement. We, and every other lender out there, are busy. Overwhelmingly, businesses from coast to coast are buying equipment, and using monthly payments to make their purchases fit into the balance… Read More »
Oh my goodness, it’s 2020! Wasn’t 2007 just a few years ago? It certainly seems like it. But no, the calendar is flipping again, and that means it’s time for the 2020 edition of Fletch Predicts. The first thing I usually do is sports predictions. I was on a bit of a streak 2-3 years ago, having nailed… Read More »
In my last post, I spoke about the owner of a business who told me the hardest part on the road to success was that very first decision to expand. Even after I wrote that post, I thought more about it, and I realized what made the decision so hard was the acceptance of using credit to expand.… 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 »
As you know, I write about Section 179 a lot. Because it’s an excellent way for businesses to acquire equipment, and can really save a company a lot of money. But sometimes, I get frustrated with how Section 179 is often presented. I’m a plain-language guy, and once something starts to sound too much like an advanced-level economics… Read More »