Category Archives: General Finance

Because thats what we do here

What Is PMSI, and Why Is It Important in Equipment Financing?

When lenders finance equipment for customers, there is a concept called PMSI. I want to spend this blog explaining what it is. To start, PMSI is an acronym for “Purchase Money Security Interest”, and is very important for lenders, especially those who finance equipment purchases. Essentially, what it means is the lender who pays for the equipment has… Read More »

Improve Your Company in Different Ways

I’ve recently written about the strong small business economy, and improving your company. But I realized my thinking was somewhat limited in what I was suggesting. For example, I was discussing adding machines, trucks, etc., and combining such with equipment financing and Section 179. Now, while those are perfectly good ways to improve your business, a strong economy,… Read More »