I loved the Tom Wait’s reference. “The large print giveth and the fine print taketh away”

1) As part of a group that now leases equipment and helps finance people and small business …. It is incredibly lopsided in our favor and wickedly profitable, most of the time.

2) Lending or leasing money to people who are immature in debt knowledge, but have a dream, is pretty good way to make a buck. You tell them to get advice. You really do.

3) Once upon a time my wife and I were simply trying to make it and did, leasing terms were pretty unreasonable, but it lets one play at the table.

4) It is true, that cashflow can trump, (no pun intended) any lease or debt.

5) The next step is to turn those leases into purchases, as you grow out, then when your income out runs the debt you sell and transfer the mess onto some new buyer.

6) Everyone along that financial food chain is just earning their wage. The one at the bottom takes the largest risk, so they may take the largest hit.

7) Don’t be afraid of bankruptcy, it is just 1 more tool.