I was tempted to open with a joke about rates, but honestly, at this point, nobody feels like laughing. But there is good news – we are hopefully nearing the end of rate hikes. As you well know, over the last 18 months, the Federal Reserve has been steadily raising rates. This year they paused in June, raised… Read More »
This was a question I was emailed the other day and I thought it would make a great blog post. The emailer asked “how old can a used vehicle be and still get financing?” He was asking about this because he was already turned down by another equipment financing company due to the vehicle’s age. He wanted to… Read More »
In my last post I mentioned business vehicles and insurance, and that you really need a commercial business vehicle policy. And to me, there’s no negotiation on that – doing business without it is way too risky. But just “why” do you need a commercial auto policy for a business vehicle? Here are a few reasons: There are… Read More »
I was talking with an old friend the other day who has a successful landscaping company. And the subject of business vehicle insurance came up, and how he almost learned the hard way how important it is. Let’s back up about 15 years – my buddy decided to start a landscaping business, and like many others, basically went… Read More »
Here we are, in the final days of 2022. It’s been an… interesting year, but we could say that for the last three years, right? 2022 was the year of inflation and interest rate hikes, both of which I’ve discussed at length in this blog. But there’s no getting around it – high inflation and rising interest rates… Read More »