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 »
Let’s discuss financing used equipment today. Because it’s a topic that doesn’t get nearly as much press as it should. Do you know why it doesn’t get all that much press? Because there aren’t a whole lot of lenders that embrace used equipment financing. And since I work for one of the few who do, I’m almost puzzled… Read More »
Financing trailers is a big part of what an equipment financing company does, so they warrant discussion in my “why financing <equipment name> matters” series. Trailer financing (or trailer leasing) happens two ways – either with a vehicle at the time of sale, or as an aftermarket addition to a company’s equipment. Both are popular, but we probably… Read More »
Despite the title, this isn’t a science fiction story. It’s based in reality, and is aimed at business owners and managers who are putting off purchasing new (or new to them) equipment until they hear that the Section 179 limit has been raised. To them, I say “If the equipment matters to your bottom line, then don’t wait.”… Read More »
Here we go with part two of my periodic “what’s hot and not hot” in equipment financing (for the record, Mrs. Fletch says I’m still in the hot part, thank goodness.) The biggest “not hot” in terms of industries are those negatively affected by technology. And the very first one that comes to mind here is the printing… Read More »