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News Stories (14 Results) - Economy

If you have ventured out on the road in your car recently (and aren’t driving an EV), then there is little doubt you have grimaced at the gas pump. Driven by eye-popping inflation and the Russian invasion of Ukraine, oil prices are surpassing rates... Read Story
June 07, 2022, 05:00 AM


Sometimes we really do learn from our mistakes! I remember hearing a presentation years ago that the United States should not have allowed Lehman Brothers fail. Certain pundits would suggest, right or wrong and not to be debated, that this event was... Read Story
March 08, 2022, 05:00 AM


Digital Main Street Equifax Commercial’s latest report on Main Street financial health and investment requires suspending traditional views on capital and finance during normal economic conditions. As Dorothy said in the “Wizard of Oz,” – “We’re not... Read Story
January 27, 2021, 05:00 AM


In this article we take a chronological look at industry trends leading up to the current pandemic to provide insight into both a recovery timeframe and potential valuation levels for transportation industry fleet assets in their emergence from the... Read Story
June 04, 2020, 05:00 AM


The current U.S. economic expansion, which started in June of 2009, is now the second-longest ever, according to the National Bureau of Economic Research. With strong fundamentals the current expansion will surpass the previous longest, which lasted... Read Story
May 23, 2019, 07:00 AM


For many American businesses the election of Donald J. Trump represented the promise of a new era in Washington D.C., where prosperity would no longer trickle down from the largest corporate players, but rather bubble up from every corner of the... Read Story
November 09, 2017, 07:00 AM


We’ve all heard the old joke: “Ask ten economists a question and you’ll get eleven answers.” But deep down inside, most of us “non-economists” know that predicting the direction of a global economy is like sitting in the front row of a rollercoaster... Read Story
May 04, 2016, 07:00 AM


To kick off the New Year, Equipment Finance Advisor visits with William Phelan, President of PayNet to gain an understanding of what may be in store for the equipment finance industry in 2015. In this Q&A, we elicited Phelan’s views on the impact the... Read Story
January 06, 2015, 07:00 AM


Growth in the equipment finance industry is highly dependent upon many economic factors including the economic viability and confidence of the small business sector of the economy. And, much like The Little Engine that Could – which tells the tale of... Read Story
June 18, 2014, 07:00 AM


Earlier this month, Equipment Finance Advisor caught up with PayNet’s President and Founder William Phelan to gain his insight on a variety of issues facing small business lenders and borrowers. Equipment Finance Advisor: When we last spoke in... Read Story
June 13, 2013, 08:00 AM


Over the past year, economists have hotly debated reasons why the U.S. economy cannot gain a sense of footing toward stability and consistent growth. And while some correctly predicted the U.S. economy would slow down in the fourth quarter of 2012... Read Story
February 27, 2013, 07:00 AM


To say we live in a time of mixed messages would be an understatement. On the one hand, you have bankers saying their institutions are ready to lend. On the other, detractors claim the opposite is true. We caught up with William Phelan, president of... Read Story
September 19, 2012, 07:00 AM


PayNet President Bill Phelan says to continue expansion at low risk, businesses need to start borrowing again.On May 20, the U.S. Small Business Administration inaugurated National Small Business Week – an annual collection of events championing the... Read Story
May 23, 2012, 07:00 AM


Since the beginning of the recession in December 2007, business leaders across the United States have been reviewing and interpreting what seems to be an endless sea of data in an effort to gain insights into what the future may hold within “their... Read Story
January 09, 2012, 07:30 AM