As many of us figured they would, the fed just raised interest rates again. This time by a half point, the largest single increase in two decades. Many predicted these hikes, and if comments by pundits and economists are to be believed, rate hikes will continue for the foreseeable future. That said, rising interest rates are not all… Read More »
Quick question: If I offered you one of three choices: $5,000 cash right now, $5,000 in a few years, or $1,000 a year for five years, which would you take? Most of you would say $5,000 right now, which is the correct answer. There are a lot of reasons why most people feel this is the correct answer.… Read More »
I discuss equipment finance quite often in this blog, and I also discuss various financial and economic issues that are common with businesses. And as I discuss these things, I usually touch on good reasons to finance equipment. For example, if I’m talking about rates or similar, I’ll stress the importance of locking financing in with fixed rates.… Read More »