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Tag: borrow

April 26, 2017

The Amazing, Incredible Talking Suit

As a business owner, I have choices about how to run my business. One of those choices involves financing equipment purchases. There are not a ton of options: Self-finance (ie write a check out of business funds) Lease from the manufacturer or another institution Borrow money from a bank There are other sources of funds of course (credit cards, venture capital, crowd funding, etc.), but I think I hit the biggies. After much thought, research and experience, I normally choose option 3. The rates are usually lower than leasing, and end of term options are much easier. I recently went…

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