Top 5 things brokers should know
Brokers have a challenging task to perform in the United States business economy. The sheer volume of deals that banks won’t do, especially now, is increasing significantly. Even in the equipment leasing industry, many banks suspended business for a quarter or longer. At least this problem will exist for the next few quarters, giving quality […]
Advocating for Progress: The Impact of Regulation on the Equipment Leasing Industry
In May of this year, as a member of the Capitol Connections Committee, we were able to visit both Utah Senate Members and several house representatives to advocate for our industry. There are many movements federally that are looking to restrict the industry. The intentions are good, but in practice, the regulations of Rule 1071 […]
3 Equipment Finance Trends to Monitor Amid Inflation
Goods and services have become more expensive this year in the U.S., a sign of inflation that has kept the economy front and center in the news cycle of 2022. But what exactly do these trends mean for equipment finance and businesses seeking to expand or upgrade their fleets? We dug into some of the […]
Section 179 & Bonus Depreciation For 2012
Both the ‘Tax Relief Act of 2010′ as well as the ‘Jobs Act of 2010′ that passed in late 2010 affected Section 179 in a positive way for this 2012 tax year. Following are the highlights for the 2012 tax year: 2012 Deduction Limit = $139,000Section 179 Deduction limit after adjustment for inflation has increased […]
You Can’t Run a Business if all your Employees are hurt
We get that the headline might be a bit of an exaggeration, but the point we’re trying to make is this: workplace safety and funding should go hand in hand. After all, you might not have a business to fund if you are shocked by a lawsuit brought by injured employees or, worse, survivors of […]
Good News for the Manufacturing Industry
After these last two years, it’s tough to imagine business headlines hinting at prosperity like they did pre-pandemic. Still, according to an Institute for Supply Management analysis, that’s precisely what they do. (Read about it here.) For many of us, it may seem like a steady light is finally shining at the end of a […]
10 Tips for Creating a Happy Workplace
We’d like to take this opportunity to discuss creating a happy workplace. You may be getting ready to say, “Now, wait a minute! Work is work, not play,” but that’s not where we’re going with this. We’re talking about creating a space where employees feel valued and respected, alliances are born, the people at the […]
Does the person at the other end of the line know you?
Take a look at the professional contacts saved on your phone. Not the professionals you know from work, conferences, or networking, but the professionals you turn to for the more mundane, everyday needs, like a haircut, a physical, your taxes, or the next step you should take in your career. How long have you had […]
We have the answers to your financing questions
Would you be surprised that millions of American entrepreneurs took advantage of their layoffs to start their businesses? We’re not. If you’re considering joining their ranks or already own a successful business you’d like to grow, we can help. Financing a new venture or funding an expansion of an existing business can undoubtedly be frightening […]
Is this the time to bring manufacturing back to the U.S.?
We’ve touched on the topic of the supply chain previously. We discussed how upheavals all along the supply chain, from manufacturing right through to delivery, are causing shortages of critical items. One of the things we mentioned then was that 83 percent of manufacturers said they were “likely” to “extremely likely” to return. This represented […]
What Successful Business Owners Have in Common
Running a business is no small feat. If you ask the U.S. Small Business Administration, they’ll tell you one-third of all new businesses fail in the first two years. If you let them continue, they’ll say half of all new businesses make it four years, and only 40 percent survive for six years or more. […]
Let’s Talk Supply Chain
It’s nearly impossible these days to follow the news without coming across a headline about how the supply chain is in upheaval not just in the U.S., but around the world. “Global Supply-Chain Problems Escalate, Threatening Economic Recovery” Wall Street Journal “Stock Investors Fret Supply Chain Woes Could Knock Earnings” Bloomberg News “VC money pouring […]