Tag Archives: equipment financing

5 Reasons Banks Decline Good Businesses (And What LeaseDirect Does Differently)

Posted on May 16, 2026 by Frank Penkala

You have good credit. Steady revenue. A solid business plan. The bank still says no. It’s not you. It’s the box. Banks operate inside rigid lending criteria that haven’t adapted to how modern small businesses actually work. Here are the … Continue reading →

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Why Lease Equipment? In Case You Were Wondering…

Posted on February 24, 2017 by Frank Penkala

You have probably heard of the tax benefits of leasing equipment and vehicles through your company. In short, when you lease your gear, truck or passenger vehicle your entire monthly payment can be recorded as a rental expense on your income statement. Obviously, this … Continue reading →

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Equipment Leasing: Sometimes It *Really!* Works

Posted on March 19, 2011 by Frank Penkala

It is a pleasure working with people who have the determination (guts, gumption, skill, luck) to succeed, regardless of the perceived economic climate. I am starting to see year-end statements for a few companies who are not only surviving, but really, … Continue reading →

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