Tag Archives: equipment finance industry

Reasons to Finance Equipment in 2022 – New Technology

So there you are, running your company. 2020 was rocky, 2021 saw a stabilizing and somewhat “new normal” for your industry and revenues, and 2022 is starting to look better. You look at today’s mail, and in it is the bi-monthly print copy of your industry’s leading magazine. Every industry has one – some have went digital of… Read More »

What’s Hot in Equipment Financing in 2021

As many readers know, I’ve usually written my yearly “hot and not” posts in the spring or summer. However, I didn’t write one last year, because it seemed wrong when everything was shut down due to the pandemic. But here we are in 2021, COVID restrictions are easing (if not gone), and many industries are returning to normal.… Read More »

Two Extremes of Business Communication

I have a lot of equipment financing clients that I’ve known for years. Whenever we discuss business, the conversation usually starts with personal stuff, how’s the family, how are things going, etc.  I conversed with two last week, and it struck me how different they are in communication preferences. Client one, who we’ll call John, is old school.… Read More »

How Large Does a Business Have to Be to Get Equipment Financing?

The classifications we use to describe businesses bothers me sometimes. For example, the Small Business Administration generally considers businesses with less than 500 people a “small business”. Fair enough, but does anyone really think a 450-person company is small? I sure don’t.  I also talk to many small business owners who feel the same way – they go… Read More »