In answering the question “is lending more restrictive in 2024?”, the answer is twofold. Yes, many lenders – especially banks – have tightened credit requirements overall. But what I’d like to talk about more are the restrictions that almost all banks use for business lending. I haven’t talked about these in a few years here, so 2024 seems… Read More »
Summer is right around the corner. Baseball, hot dogs, fireflies, the beach, 4th of July, etc. Summer is traditionally a slower time for many companies. Kids are out of school, there’s a lot of “after work” activity, plenty of families take vacations in the summer, and more. So staffs are shortened, and while plenty of business still gets… Read More »
In a recent post, I mentioned how I felt a little inflation was inevitable in 2011. I also mentioned that that might not be such a bad thing for businesses – at least in this equipment financing guru’s eyes. See, when there’s inflation (or even a threat of inflation), businesses get a renewed sense of urgency in all… Read More »