A lot of times when we discuss equipment financing in print, or even face to face, we’ll sometimes use the phrase “monthly payments” as a substitution for the word “financing”. For example, I’ll write a blog post on vendors offering financing, and now and again, I’ll slip in “offering monthly payments is a great way to increase sales”.… Read More »
Every year, I do a Fletch Predicts post in January, and this year was no different. But then Covid-19 hit, and threw pretty much everyone’s predictions for the year out the window. So I’d like a re-do. Here we go: I won’t predict sports winners, because at this writing, nobody knows if anything will resume. I’m a big… Read More »
Every spring, I do a “hot and not in equipment financing” series of posts. And since I’ve always done it, I will do it in 2020 as well. That said, it does feel strange doing this in the middle of the COVID-19 crisis. So it’s with an addendum: I’ll talk about a few industries that are doing well… Read More »
My last post mentioned a new type of equipment financing customer we are seeing: the company that used to pay cash for everything who is now starting to finance equipment purchases. And they are doing this to keep their own money safely in the bank while they make monthly payments on equipment. So now, I will ask once… Read More »
As I write this, we’re right in the middle of the COVID-19… crisis? Situation? Quarantine? Whatever you want to call it, we’re all living it. Predictably, a lot of business activity has paused. With many businesses forced to shut down for a few weeks, it’s only normal that some companies put expansion or improvements on hold for a… Read More »