Posted 06.25.2019

When discussing an equipment loan, many companies begin with the question, “What is the interest rate?”. What most people don’t understand is that interest rate is actually a very small component...

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Posted 04.30.2019

You’ve determined that your business needs a new piece of equipment. Great. You’ve already found the perfect machine – it’s shiny and new (or maybe shiny and used), but you don’t have cash to pay...

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Posted 03.21.2019

We’re all familiar with the phrase “save for a rainy day”, which basically cautions us to reserve capital for some future, as-yet-unknown, need. While many businesses do have some cash reserves,...

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Posted 01.22.2019

With growing freight demands and a shortage of drivers, transportation companies are forced to come up with alternative solutions to keep up with business and stay competitive. The booming economy...

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Posted 09.06.2018

When I was growing up, my parents bought a brand-new car every 2-3 years. They always paid cash and they always got top dollar for their trade-ins. My dad credited his ability to get top-dollar to...

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Posted 06.18.2018

Financing equipment can be confusing, especially when you begin evaluating the options for financing terms. But it doesn’t have to be difficult. Here are a few questions you should ask to better...

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Posted 03.19.2018

This article is the first in a four-part series that addresses the new tax law and some of the impact it will have on companies that purchase heavy equipment. This was an interview conducted by...

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