In my last post, I spoke about the owner of a business who told me the hardest part on the road to success was that very first decision to expand. Even after I wrote that post, I thought more about it, and I realized what made the decision so hard was the acceptance of using credit to expand.… Read More »
One question I get asked all the time is “will my company be approved for financing equipment”? Or better still, “can I get a pre-approval for equipment financing?” These are always tricky questions to answer without knowing all the details for a company. However, the questions have merit, and they are asked often enough that yes, there should… Read More »
My last post talked about what was hot in the world of equipment financing in 2018. Now let’s do the opposite and talk about what isn’t hot. The last time I posted about this, I cited brick and mortar retail businesses as a whole as not being hot, and sadly, that trend continues. While I find it hard… Read More »
This is one of my annual posts about what’s “hot or not” in the world of equipment financing. I could start with the obvious joke that Fletch himself is always hot, but Mrs. Fletch always laughs at me when I go on that tangent, so I’ll refrain. Ok, let’s talk about what’s hot in equipment financing. And at… Read More »
I was reading the other day about how businesses were using the tax dollars from the Tax Cut and Jobs act passed last December. The “reports”, predictably, are conflicting. Some publications claim business spending is up. Others are critical, saying businesses are not using those funds to invest in themselves. Personally, being in the industry, I believe the… Read More »