I’m going to talk a little bit more about equipment leasing, and the different types of leases. I’ve mentioned bits and parts of this before in this blog, but it’s good to revisit these things from time to time for newer readers. For this post, I’ll list each type of equipment lease and a very basic description, and… Read More »
Here we are in the third quarter of 2014, and Section 179 is still sitting where it was at the beginning of the year. Most years, this wouldn’t be news, but in terms of the dollar amount of the tax deduction, Section 179 is fairly low right now. And even though we are in quarter 3, I do… Read More »
I talked last time about vehicle financing and leasing, and why equipment financing companies don’t finance passenger vehicles. The reason boiled down to these are not 100% business vehicles, and therefore come under the umbrella of “consumer debt” in the eyes of many, which almost all commercial lenders wish to avoid. So that begs the question – just… Read More »
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 »
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 »