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 »
Being in the equipment financing business, we get a ton of interesting phone calls. And one we got last week qualifies as interesting, and also because I’ve been blogging a lot about automobile leasing, fits perfectly into a blog post. To first set the stage, I was recently discussing vehicle leasing and financing and similar, and what type… Read More »
Every year or so, I explore what industries are hot (and not) in equipment financing. I actually find this very interesting, and people ask me about it all the time. Personally, I think they are looking for stock tips or such (because it does seem that when a particular industry is “rising” in equipment financing, that industry in… 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 »
Now that 2010 (and a new decade) has begun, I’ve definitely noticed a stark difference from last year in regards to “the mood” of the business world (because I’m in the equipment financing business, I definitely have my finger on the pulse of small and medium sized businesses.) Last year, there was a ton of fear –… Read More »