I’ve been talking recently about how companies tend to wait until some arbitrary date / time period to purchase / finance new equipment. The reasons are varied – from “use it or lose it” budgets to putting expenses on last month’s / last quarter’s report to making a grouchy accountant less grouchy, and so on. One thing is… Read More »
One thing I noticed in my job as an equipment financing specialist is the fact that people (and businesses) can be very predictable. Time and time again, the same patterns emerge – enough for me to notice and write a blog post about it. Today I’ll talk about a trend that plays out month after month, quarter after… Read More »
It’s been awhile since I devoted an entire post to Section 179, so I figured it was time (I realize I did a few half posts on it, but they don’t count.) As most of my readers know, Section 179 is something I champion, because it’s basically free money from the government. This is because it’s a tax… Read More »
These advantages to equipment financing just keep popping into my head. There’s 12 days of Christmas, right? So maybe there should be 12 days of equipment financing, where I wear a red suit and give a different reason each day while children sit on my lap… ok, that sounds really odd. But I do keep coming up with… Read More »
I spent the better part of this year blogging about “ten reasons why equipment financing companies are better than the bank”. For a quick refresher, here’s the list, along with a comment or two. SIMPLICITY – We keep things simple – the bank doesn’t. UPFRONT COST – Our upfront cost is definitely lower. COLLATERAL – We have less… Read More »