There’s a saying in the stock market that goes something like this: The best time to invest was ten years ago. The second-best time is right now. The implication is that there really is no better time than right now, unless we have a time machine. Which we (sadly) don’t. The same goes for acquiring equipment for your… Read More »
In my previous blog post, I discussed the two general ways equipment financing is applied for: Application–Only and Financial Disclosure. I then went over the details of Application-Only, and noted how it is fast and easy, requiring one simple form. But today we’re going to discuss Financial Disclosure Equipment Financing. This is where the lender needs more information… Read More »
We’re more than halfway through 2023, which means it’s time for my periodic check-in regarding your company offering financing. Are you doing it? If the answer is yes, how much do you promote it? Because I have to tell you, over the years (and I know I sound like a broken record), I have seen it make a… Read More »
Here we are starting the second quarter of 2023, and already it’s been an interesting ride. Of course the big news was the failure of two Silicon Valley banks. Although looking at the reasoning and details, this is far from a crisis, and more of an unfortunate circumstance (overly simple explanation = rising rates made the bank’s safe… Read More »
Got an email the other day, and thought I’d share it with you. Fletch, I’ve been reading your thoughts about rates but I’ve been holding off getting new gear because I was too scared to borrow when rates were rising. I clearly should have a year ago but that’s hindsight. But today even though I really need some… Read More »