2008 was interesting, wasn’t it? We had an historic election, we had $4 a gallon gas (thankfully only for a short time), we had a huge bailout of the financial industry, we had a credit crunch, and the sky fell, too. Ok, the last part is fake, but geez, you’d think the sky fell by watching the news.… Read More »
A client asked me an interesting equipment financing question the other day. He asked me if we’d finance PSL’s for his company. For those who don’t know the term, PSL’s are the acronym for Personal Seat License, and are a fairly new charge imposed by sports team owners to season ticket holders (most notably in the NFL). Generally,… Read More »
If you’ve read here at all this year, you know that I champion businesses taking advantage of the Section 179 tax deduction. And here in the final few weeks of 2008, I’m going to champion it some more, because there’s scant time left for you to take advantage of this deduction for the current tax year. See,… Read More »
Being that I work in equipment finance, I need to clear a little something up in regards to debt: Contrary to what you might hear on the TV and such, debt is not evil, debt is not bad, and debt is not responsible for the economic slowdown. At least not good debt. What is Good Debt? What’s the… Read More »
Obviously, the economy has been in the news quite a bit lately, and regardless of the perceived solution, one thing seems to be certain, credit will be harder to obtain. This leads to people wondering if their friendly equipment financing company will still finance equipment for them. I’m here to tell you the answer is most likely… Read More »