Category Archives: Small Business

Coca Cola need not read this

All I Want For Christmas is… a Heavy Equipment Financing Company

One thing I really like about being in the equipment financing industry is being around all the different products we finance. Construction equipment, to name one type of equipment, always gets my imagination going. It goes back to when I was a kid. As I’ve mentioned in previous posts over the years, I was the guy with the… Read More »

Why Dump Truck Financing Matters

Let’s talk about dump trucks a bit. And in particular, new and used dump truck financing. But first, let’s go back to the sandbox, and an eight-year-old Fletch. I loved “heavy equipment” toys as a kid. I’d have my Tonka™ trucks, and I’d spend hours digging, building, and pushing dirt around. And my favorite truck? It was the… Read More »

Financing Used Construction Equipment

It’s no secret that the economy has been strong for a few years now. Being in the equipment financing industry, I don’t need to watch the news or read the Wall Street Journal to know this – I can get a good gauge on the economy by how often our phones ring. And they’ve been ringing a lot… Read More »

Soft Cost Financing – Training

True story: Once, at a trade show, I was talking to the owner of a regional retail/service chain (12 stores in all, plus a small warehouse) about soft cost financing. We got to talking about “training”, because that’s one of the soft costs that a good equipment financing company will finance. He told me he bought a fairly… Read More »

3rd Quarter Section 179 Update

Let me take a quick break from my maintenance agreement series and discuss Section 179 for a moment. Here we are, well into September, and we’re staring the fourth quarter of 2018 right in the face. And now that the third quarter is coming to a close, where are you on your Section 179 spending? To be honest,… Read More »