Leave it to me to see a connection to equipment financing from pretty much any news story. In hearing and reading about occupy Wall Street and other protests, it struck me that a lot of what the people are saying is we lost “good jobs”, and that they want them back. I totally get that sentiment, but I… Read More »
I was talking to one of our salespeople (Ronda) the other day, and she told me that one of her prospects didn’t even want to talk about offering credit because he thought it would be “too complicated”. I was partially surprised, because since I work for an equipment financing company, I know how simple it can be. But… Read More »
I know I talk about Section 179 quite often, but now it takes on a little more significance, because the year is almost over. If you’ve read this blog at all over the years, you know Section 179 is a year to year thing, ending on midnight, December 31. When that clock strikes 12, your equipment must have… Read More »
Ok, in our little vendor / lender equipment financing relationship series, we’ve come to the final one – captive programs. If you recall, the first three were Referral Programs, Private Label Programs, and Vendor Recourse programs. Also, if you’ve been following along, you’ll also notice they all have an increasing amount of vendor responsibility and risk. A referral… Read More »
I’ve talked before about how offering credit / equipment financing can actually be a form of marketing, and I’d like to return to that today. Because today, with the economy fairly stagnant, offering equipment leases / payment terms might very well set you above your competition. Let me tell you a quick story. When I was a kid,… Read More »