Tag Archives: equipment finance companies

Soft Cost Financing – Delivery, Setup, and Taxes

Let’s continue with my series of adding soft cost financing to any equipment financing or equipment leasing deal you engage in. This time we’ll talk about financing delivery and setup, and touch on taxes as well.   Delivery is pretty straightforward. Most companies who sell equipment won’t pay for delivery. Some will send it via carrier (UPS or… Read More »

Why November is a Great Time to Finance Equipment

We’re 11 months into our “which is the best month to finance equipment” series, which means we’re into November. And yes, it’s a great time to finance equipment. I’ll give you one guess as to why (and it has nothing to do with Thanksgiving, although Turkey, Potatoes, and Gravy never hurt anything). Yup, it’s our old friend Section… Read More »

How equipment finance companies protect themselves from faulty equipment

My last blog outlined a situation where a company buys equipment, doesn’t like it, and decides not to make their finance payments. Nobody wins in that scenario (and the company withholding payment is always in the wrong, as per finance agreements). In fact, this situation can be so dire, equipment financing companies like mine have learned to look… Read More »

Reason #3 an equipment financing company is better than the bank – we don’t want your first born (or your kid’s college fund) as collateral.

Let’s keep going with our ten reasons an equipment financing company is better than a bank with reason #3, which is cross-collateral (or as we like to say, your first born.) Ok, let me be honest – the bank probably doesn’t want your first born (especially if he or she is still in the diaper stage – yuck).… Read More »