And here we are – the long-awaited conclusion to my “10 reasons why an equipment financing company is better than a bank”. So let’s waste no time and end the suspense: reason 10 is the simple fact that an equipment financing or equipment leasing company will not ask you to re-qualify for the loan every year. And the… Read More »
Boy, we’re almost there. We’re all the way to number nine in our “ten reasons why an equipment financing company is better than a bank” series. And reason nine is a pretty simple one – an equipment financing company offers fixed term rates. The bank would prefer an adjustable rate. To illustrate this, let’s pretend I’m an equipment… Read More »
I want to continue forward in our series of why an equipment finance company is better than a bank. But first, I want to talk about Mel. Mel was a guy I knew at one of my old jobs way back when. In fact, Mel was the head of accounting. I was in purchasing or something like that… Read More »
Let’s move forward with our series on why an equipment financing company is better than a bank. Today’s reason is one we all know too well – hidden charges. To put this simply, the bank will typically have a bevy of hidden charges, where an equipment financing company will have none. Here’s what you can expect with the… Read More »
At the risk of bugging you about it, we have to discuss Section 179 again, because I think it’s really important. Not that you haven’t noticed, but the cold weather is long gone, and we’re on the brink of summer. In short, the year is half over already. Have you thought about Section 179 yet? Because you really… Read More »