Category Archives: Small Business

Coca Cola need not read this

Residuals (continued)

In a prior post, I covered the difference between apples and oranges and how oranges taste so much better. Never mind that was on another blog, I did however cover the differences between a lease and a loan, and as promised, I wanted to clarify some of the common residual types. In review: A Lease by definition must… Read More »

I’ll Pay Cash

Expanding on Lack of Capital from an earlier post, the question remains “Why pay cash?” The truth is, while money is “cheap”, paying cash is like digging an early grave. From the bank’s perspective, if a customer has a low 4 figure bank balance and is asking to borrow a moderate 5 figure sum, the applicant will either… Read More »