We’re talking about lending restrictions in 2024, and first up is the notorious blanket lien. First let’s talk about liens in general. In business/lending, a lien is when a lender claims the right to property belonging to the borrower until the debt owed by that borrower is discharged. The mainstream talk on liens is usually related to vehicles.… Read More »
I have a lot of equipment financing clients that I’ve known for years. Whenever we discuss business, the conversation usually starts with personal stuff, how’s the family, how are things going, etc. I conversed with two last week, and it struck me how different they are in communication preferences. Client one, who we’ll call John, is old school.… Read More »
The other night, I was on YouTube looking at concert footage (I miss concerts!), and in my list of recommended videos were a few of the recorded testimonials we have on our company YouTube page. These are short (30 seconds to a minute and a half) recorded testimonials from real clients, all over the United States, and there… Read More »
The classifications we use to describe businesses bothers me sometimes. For example, the Small Business Administration generally considers businesses with less than 500 people a “small business”. Fair enough, but does anyone really think a 450-person company is small? I sure don’t. I also talk to many small business owners who feel the same way – they go… Read More »
I mentioned opportunity at the end of my last post. Let’s expand on that. As we navigate through what is proving to be an extremely “different” business environment, I am reminded of a local planning board meeting I attended a few years ago. Under discussion was a recent blight of failed businesses, and some empty buildings on the… Read More »