Let’s answer an e-mail question: Dear Fletch, I read a few of your posts where you essentially make sure your readers know that equipment financing is a good thing, and that you’re still here financing equipment while banks pull back. Ok, maybe so, but isn’t “credit” the reason we’re in this mess in the first place? And… Read More »
I know I recently posted about Section 179 making its long-awaited (by me anyway) appearance in 2009, and I wanted to touch on that theme again. Actually, I’m going to restate something I mentioned months ago (big surprise there), because conditions are very favorable right now. I mentioned last year that Section 179 and Equipment Financing were made… Read More »
This is going to sound like a bit of a plug, but recent events force my hand. Also, President Obama apparently did not read my “we’re still lending” post a few months back. For shame. Anyway, while watching the President’s speech to congress (and us) the other night, I was happy to hear him talk about the need… Read More »
2008 was interesting, wasn’t it? We had an historic election, we had $4 a gallon gas (thankfully only for a short time), we had a huge bailout of the financial industry, we had a credit crunch, and the sky fell, too. Ok, the last part is fake, but geez, you’d think the sky fell by watching the news.… Read More »
A client asked me an interesting equipment financing question the other day. He asked me if we’d finance PSL’s for his company. For those who don’t know the term, PSL’s are the acronym for Personal Seat License, and are a fairly new charge imposed by sports team owners to season ticket holders (most notably in the NFL). Generally,… Read More »