We’re coming to the end of the third quarter of 2016, which means it’s time to start taking a hard look at Section 179. As most of you know, Section 179 was given a big boost for 2016 (and beyond). The maximum deduction was permanently raised to $500,000, and the maximum equipment purchase was raised all the way… Read More »
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 »
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 »