There’s a saying in the stock market that goes something like this: The best time to invest was ten years ago. The second-best time is right now. The implication is that there really is no better time than right now, unless we have a time machine. Which we (sadly) don’t. The same goes for acquiring equipment for your… Read More »
Happy New Year! It’s the day you’ve all been waiting for: the 2024 version of Fletch Predicts! I’ve been on a pretty good roll – AI was the buzzword for 2023 just like I thought it would be, and I hit on one sports pick too. And rates pretty much did what I predicted as well. Now onto… Read More »
It’s the holiday season again, and that means it’s time for my annual wish list. Last year, I asked for a few things related to economics. First and foremost, I wished for rates to stop going up. I knew this was a tall order for the earlier parts of the year, but lately this seems more promising. I… Read More »
In my previous blog post, I discussed the two general ways equipment financing is applied for: Application–Only and Financial Disclosure. I then went over the details of Application-Only, and noted how it is fast and easy, requiring one simple form. But today we’re going to discuss Financial Disclosure Equipment Financing. This is where the lender needs more information… Read More »
I was tempted to open with a joke about rates, but honestly, at this point, nobody feels like laughing. But there is good news – we are hopefully nearing the end of rate hikes. As you well know, over the last 18 months, the Federal Reserve has been steadily raising rates. This year they paused in June, raised… Read More »