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 »
Ok, the title is a little misleading, but I couldn’t come up with anything wittier in regards to what I’m writing about this week. You’ll see what I mean soon enough… Anyway, the Fletcher clan went on vacation over the 4th of July weekend & my extended family rented one of those huge beach houses in North Carolina’s… Read More »
Cash flow is essential to the life of any business, large or small. In simple terms, the proper allocation of cash resources makes it easier for a business to flourish. However, when revenue generation is at a lull, a business may need to seek funding options to ensure steady growth without interruption. Luckily, these days, there are many… Read More »