Section 179 Changes for 2010

Ok, so let’s talk about Section 179 again. If you remember, a few posts ago I mentioned that Section 179 was brought back in the recent “Hiring Incentives to Restore Employment” (HIRE) Act of 2010. But since I posted that pretty much when it passed, I didn’t have time to give the details. Now that I’ve looked closer… Read More »

theLeaseGuy

Signs you might need to change equipment financing partners

Ok, you have this nagging feeling that maybe things aren’t all that rosy with your equipment financing partner. Sales have been soft the last two years across the board, but still, something isn’t right. You just know it. And it’s starting to affect your bottom line, so something needs to be done. Here are a few warning signs… Read More »

theLeaseGuy

Equipment financing partners are not equal

I recently talked about “captive financing” and how many companies are turning to equipment financing companies instead. Today, I’m going to stay on that same general theme, but instead talk about when you already have an equipment financing partner. Let’s say you have an equipment financing company that you partner with. For years, it’s been a cozy, mutually… Read More »

theLeaseGuy

Escaping Captivity

Do you know what captive financing is? I can tell you what it’s not – it’s not taking finance payments on a kidnapping ransom (admittedly, that was a lame joke, but us equipment finance guys aren’t know for our quick wit… still, not bad for two seconds of thought!) Anyway, Captive Financing is when a company – say… Read More »

theLeaseGuy

Equipment Financing as Marketing

In my recent “passive vs. proactive equipment financing” post, I wrote the following: In fact, offering a monthly payment in option can be a HUGE edge in regards to marketing and sales. Especially here in 2010, where every dollar counts. So let’s use this post to expand on that a little. Although I am an equipment financing nerd… Read More »

theLeaseGuy