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 »
One the interesting parts of being an equipment financing company is we get to work with a lot of small and medium sized businesses, across all kinds of industries. And we handle all types of transactions. Today I want to talk about one in particular, as not a lot of equipment lenders engage in it (but we do).… Read More »
I haven’t talked about Section 179 in a few months, so it’s time to mention it again now that we’re well into the second quarter. As you almost certainly know, Section 179 was raised to $500,000 for 2016 and beyond. This means you can buy qualifying new (or new to you) equipment, and write off the entire amount… Read More »
Understanding the Impact of Blanket Liens in Equipment Financing In our journey through equipment financing, we last left at the dealership, negotiating the trade-in of our delivery truck. But we hit a snag – the bank had put a lien on it as part of an equipment lease on our Digital Super Widget… If this scenario sounds confusing,… Read More »
I’ve talked about advantages of using an equipment financing company over the bank whenever you need to finance or lease equipment. There are a myriad of reasons, of course, but one of the biggest is the blanket lien that often comes with a bank loan. It’s also fairly misunderstood or ignored. That’s probably because of the word “lien”… Read More »