Equipment Financing

March 26, 2011

Tax Benefits of Buying Now

Investing in your equipment this year can be a smart move. This is especially true since many business owners and manufacturers have delayed and put-off replacing old equipment the last couple years. There are 2 great reasons to buy now. The first good reason to buy now is Bonus Depreciation. […]
March 6, 2011

Rates, Rates, Rates…

That’s always the first question asked when dealing with financing anything whether it’s your home, a new car, furniture or business equipment and machinery. How much is it going to cost me, of my hard earned dollars, to get what I want or need? Now let’s re-focus it on business […]
February 25, 2011

Lending Shift

CIT Group, a giant small business lender, filed for bankruptcy in 2010 which will cost the taxpayer over $2 billion in bailout funds. CIT’s bankruptcy is the fifth largest in U.S. history, carrying over $71 billion in assets. How are downfalls like this changing the lending-financial markets? First U.S. Finance […]
February 9, 2011

Types of Equipment Finance Providers

There are three main types of business equipment finance providers you can turn to: brokers, captive leasing agents, or independent lenders. BROKER – Much like an insurance broker or mortgage broker, an equipment finance broker acts as an intermediary. The broker will take your credit application to the specific lenders […]
January 19, 2011

How I Can Help

This year is off to a good start for most of us. The economy in many markets has had an upbeat tick, which we’re all grateful for but in other areas, including employment rates, it could be better. The goal for all businesses and sales professionals is still to make […]
December 29, 2010

Why Go with a Broker?

During a recent meeting with a sales manager, the topic came up of why they would use an equipment finance broker, instead of finding a direct source for their company’s leasing and financing needs. I told them that option was certainly available but offered a few points to carefully consider. […]
December 29, 2010

Free Credit Report

Here is some information, which could be very useful to you. Due to current legislation, the 3 major credit bureaus are now required to give you a FREE credit report annually for you to review and inspect for accuracy. This is nice because in the past, you really did not […]