Category Archives: Equipment Financing

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Debating Section 179

I had a dream the other night that I was in one of the Republican debates, and was asked about the economy. Here’s how it went: Moderator: Mr. Fletch, thank you for being here. Not only do you have better hair than Mr. Trump, but you say you have a better idea to get the economy moving again.… Read More »

Why Machine Tool Financing Makes Sense

This post comes right on the heels of “why financing CNC machines makes sense”. And why not – the types of machines are similar in many respects (and, depending on who you are talking to, a “CNC machine” and a “machine tool” might be the exact same thing.) For purposes of our discussion, let’s assume “machine tool” in… Read More »

Why CNC Machine Financing Makes Sense

You wouldn’t think an industry like equipment financing lends itself to funny / interesting stories, but the truth of the matter is, it really does. It’s partly because we touch on so many different industries, and also because our clients often tell us funny bank stories. I have one now, and it involves financing CNC machinery. For those… Read More »

Making Hay Until the Corn Goes Up

Strange title – I know. You’ll understand in a few. First, let me get out my straw hat and corncob pipe… Every year around this time, Willie Nelson and Neil Young do their Farm Aid concert, and being a fan of both, I usually watch the simulcast (and attended a few years back too – that was fun.)… Read More »

One More Thing on Used Equipment Financing

Yes, I’ve been on a used equipment financing kick lately, and why not? It’s 2015, everyone watches their money now (it’s not the spend spend spend 1980’s and 1990’s anymore), and used equipment sometimes makes for a fantastic bargain. Plus, used equipment typically qualifies for a Section 179 deduction, so there’s another feather in its cap. But there… Read More »