Here we are in the third quarter of 2014, and Section 179 is still sitting where it was at the beginning of the year. Most years, this wouldn’t be news, but in terms of the dollar amount of the tax deduction, Section 179 is fairly low right now. And even though we are in quarter 3, I do… Read More »
I’ve recently talked about rates and levels of credit risk, and how those levels of risk can affect the rate a person or company pays. But there’s another “risk” that an equipment financing company like mine takes when we finance any type of equipment – what if the equipment is a piece of junk? Thankfully, that doesn’t happen… Read More »
I’d like to talk a little bit about rates today. Because, in a way, a rate, particularly on equipment financing, is the “price tag” of the deal. Just as one compares prices between stores, one compares rates when shopping for equipment financing. But it can be misleading. Here’s why: In theory, with most commercial equipment lending, all rates… Read More »
So now that summer is in full swing, I thought this would be an appropriate time to talk about what’s not hot in equipment financing (you know, summer is hot, so it’s incredibly clever if I talk about what’s not hot… right? No? Ok, so there’s no career for me in standup comedy.) Seriously, I do this every… Read More »
Let’s continue on my “what’s hot (and not) in equipment financing” series. This is part 2 of the “hot” side (insert McDonald’s McDLT joke here… only some of you get that, right?) Anyway, here are some more industries that are “hot” in leasing equipment: Vocational Vehicles are hot. What I mean by “vocational vehicles” are trucks and such… Read More »