I’ve mentioned restrictions quite a bit in this blog. In fact, a post from earlier this year about control over your equipment and assets really drives the point home. All too often, companies enter into financing and leasing agreements with all kinds of draconian covenants and restrictions in the fine print. These restrictions (like blanket liens, minimum bank… Read More »
It’s the #1 question our customers have been asking for almost all of 2022: when are these interest rates coming down? I wish I knew the answer, but I don’t. Nobody does. We’ve seen rates rise all year, most recently at the beginning of November. And to my eyes (as well as to most economic pundits), the end… Read More »
Last post I talked about B2B vendors who see financing as a true revenue-driving component to their operations. And how we, as a finance partner, help them use financing to better drive sales. Here are a few specifics that we engage in with our finance partners who want to get more out of their financing program. First are… Read More »
Every now and again, I’ll write about B2B equipment sellers offering financing. And I sometimes look back and think if someone read it at the time and listened, they did well. For example, I posted a “why aren’t you offering financing?” series in January of 2020. Just one month after I posted, we began hearing about a possible… Read More »
I usually don’t revisit my predictions midyear, but I want to make one further prediction for this year. And since I’m doing that, I may as well let you know I nailed my Warriors basketball prediction, my NHL prediction (Lightning) made the finals and my Mets prediction is looking pretty solid right now. But the important one is… Read More »