Trust me, I don’t want to hear a heavy sigh immediatly after I ask “How’s your Credit History?” Technical- Credit is the provision of resources by one party to another party where the second party does not immediately pay the first party for the resources in full, thereby generating a debt, and instead arranges either to pay for… Read More »
With stats ranging from 50% to 80% of new businesses failing in the first 5 years, how can you increase your chance of survival? Having worked in commercial equipment finance for many years, I have sorted through my fair share of start-up applications. Imagine, if you will, a mountainous eyesore of unprepared hobbyists who are willing to risk… Read More »
First off, I owe you a bit of an apology if the title of my post on Section 179 Deductions came across as a bit of a teaser. It’s intended to spark a little interest and questions, primarily about the types of equipment that qualify for this deduction. I truly appreciate your curiosity and engagement, and I’m here… Read More »
Hello there! Let’s make your day a bit brighter by discussing a very special part of the US IRS Tax Code, Section 179. Yes, you read that right – tax code can be exciting, especially when it benefits your business! No need to go hunting for sections 1 through 178, we’ve got what you need right here. Welcome… Read More »
One evening, a memorable exchange with a friend’s 5-year-old daughter set me on a path of self-reflection: “To whom am I speaking?” she asked. This brought me to an essential question – who am I in the professional sphere, particularly in equipment financing? More importantly, why does it matter to you? Let’s break this down: I am a… Read More »