Category Archives: Small Business

Coca Cola need not read this

Vehicle Leasing and Financing 2 – Why Equipment Financing Companies and Passenger Vehicles Don’t Mix.

Continuing our series regarding vehicle leasing and financing, let’s talk about something that my company gets asked all the time, but doesn’t engage in – leasing or financing passenger vehicles to companies. On the surface, it seems a little odd, right? Because there are many, many companies who use passenger cars. In fact, one of the perks for… Read More »

Vehicle leasing and financing – what’s the difference?

I’m pretty sure I talked about this before, but if I have, it was years ago. And since Fletch has a ton of new readers since then, this is a great topic to revisit from time to time. Have you ever financed or leased a car or truck? Most of you probably have – they are easily the… Read More »

How equipment finance companies protect themselves from faulty equipment

My last blog outlined a situation where a company buys equipment, doesn’t like it, and decides not to make their finance payments. Nobody wins in that scenario (and the company withholding payment is always in the wrong, as per finance agreements). In fact, this situation can be so dire, equipment financing companies like mine have learned to look… Read More »

What makes an equipment finance rate?

I’d like to talk a little bit about rates today. Because, in a way, a rate, particularly on equipment financing, is the “price tag” of the deal. Just as one compares prices between stores, one compares rates when shopping for equipment financing.  But it can be misleading. Here’s why: In theory, with most commercial equipment lending, all rates… Read More »