Tag Archives: equipment loan

You’ve Been Turned Down for an Equipment Loan – What Now?

Very often, small and medium businesses who’ve been turned down for an equipment loan don’t know what to do next. And since I work in the equipment financing industry, let me give a few pointers on what to do for companies who were turned down. First things first: If you were turned down by a bank, apply somewhere… Read More »

Equipment Leases – Capital Lease vs. Loan

I’ve been talking about leases recently, and we’ll continue that today. But I wanted to answer a question I got via e-mail regarding leasing. Here’s the question: Hi Fletch, In a recent blog, you talked about a $1 buyout lease and other Capital Leases, where at the end of the lease, the company then buys the equipment for… Read More »