The Drop In Business One thing to be said for the recent downturn in the mining industry….you can now pick up used mining equipment for a song. In many cases, it is possible to obtain much needed like new equipment at a third of its original price. With the US closing down so many coal…
The Pulse Of A Nation For the first time in more than a year, confidence in the equipment leasing industry has fallen from 53.3% on October to 49.9% in November, a combination of both prevailing business conditions as well as future expectation as set forth by the recent presidential election results, the looming fiscal cliff,…
A New Lease On Lending In an uncertain economy, more and more banks are seeing small business lending opportunities as their next big profit center. Small businesses have moved to the forefront of the lending crowd since investment banking and mortgage backed security deals began waning in 2008 and are now no longer considered viable…
Problems With A Lack Of Credit Ever try to apply for a loan with no credit on your side? Getting blood from a stone would seem mildly easy in comparison. There was certainly a time when small businesses with no loan history had no hope of getting a loan and had to rely on other…
The Severe Weather Threat Hurricane Sandy, or as she has become better known, Superstorm Sandy, has been the third storm in the last 14 months to be able to disrupt power supplies for millions of US homes and business establishments. The result has been an increased demand for generators, with customers experiencing more frequent blackouts….
A wave of sustained economic growth that spurred an increase in the equipment finance industry in 2011 continued through 2012. Sizeable increases from year to year in new business volume, coupled with the lowest levels of delinquency in more than five years have served to create a positive momentum, with considerable increases in total compensation…
The Farmer’s Dilemma Many people do not make the connection with farmers being businessmen, but in fact they are some of the most knowledgeable business minds out there, responsible for large amounts of property, facilities, and equipment, and having to find new and creative ways to cut costs and make profit margins without cutting back…
In an increasingly tight economy, many companies are looking for ways to make the almighty dollar go a little further. One of the solutions in the construction industry is to lease equipment as opposed to buying it outright, a practice that is gaining momentum in other industries as well. Construction equipment leasing makes sense since…
By now we all know, (at least if you are a regular visitor to this blog) that equipment leasing makes sense on a number of levels, with easier access to funding (covering the costs associated with installation and maintenance), access to the newest technology, tax benefits, and improved operations and efficiency. The All Important Contract…