In general, there are two distinct ways to apply for equipment financing: Application-Only, and Financial Disclosure. The details of each will vary depending on your lender, and what one lender calls Application-Only may differ from what another lender considers it, but in the big picture, most equipment finance applications will come down to one of the two. The… 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 »
In honor of tax time coming up in a month, did you know that Bonus Depreciation is being phased out starting this year? We have an in-depth article about this, plus a bunch of other longer-form articles, in our media center, and while it’s my hope that you already read everything there, many people clicking that link will… Read More »
My last post talked about rates, and truth be told, rates and inflation have dominated most economic talk the last year-plus. And I’m no exception. But there’s another aspect to the economy that isn’t discussed as much, and although this other aspect is a very good thing, it is also part of the very reason for inflation and… Read More »
As most of us know, rates “only” went up 25 basis points in January, causing many to breathe a sigh of relief. After a tumultuous 2022 which saw large increase after large increase (including a record four consecutive 75 basis point increases), there was a feeling in the air of “maybe it’s ending soon”. I appreciate (and somewhat… Read More »