I’ve talked before about how offering credit / equipment financing can actually be a form of marketing, and I’d like to return to that today. Because today, with the economy fairly stagnant, offering equipment leases / payment terms might very well set you above your competition. Let me tell you a quick story. When I was a kid,… Read More »
A few posts ago I mentioned that we had an equipment financing portfolio, and that the term would be fodder for a future blog post. Well here we are – let me explain what I mean by “equipment financing portfolio”. The truth is, every equipment financing company has an equipment financing portfolio. That’s because an equipment financing portfolio… Read More »
I get cornered at parties a lot and asked all kinds of financial questions. I guess if you work in any industry where “money” is involved, you become some kind of money expert. At least in the eyes of others. So the other day I get asked “Fletch, why are credit card rates so high, higher than things… Read More »
If you read this blog, you know I’ve commented on the economy from time to time. And I’m usually pretty optimistic… well, cautiously optimistic – that’s a better way to describe it. But I do try and look for signs that “things” are getting better, etc. But this isn’t one of those posts. This isn’t doom and gloom,… Read More »
Let’s answer an e-mail question: Dear Fletch, I read a few of your posts where you essentially make sure your readers know that equipment financing is a good thing, and that you’re still here financing equipment while banks pull back. Ok, maybe so, but isn’t “credit” the reason we’re in this mess in the first place? And… Read More »