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 »
Financing signs (or financing signage, for those who want to get official sounding), is one of the more common aspects of equipment financing. And to be honest, in my eyes, it’s a very smart use of credit, especially for small and medium businesses. The reason it’s a smart use of credit ties to the (lack of) immediate return… Read More »