Blog Post

Update to Section 179 information for 2018

  • By OBLAdmin
  • 28 Dec, 2017
In 2018, the deduction limit for Section 179 increases from $500,000 to $1,000,000 for 2018 and beyond. The limit on equipment purchases has increased, from $2 million to $2.5 million. The deduction now includes any of the following improvements to existing commercial property; roofs, heating, air-conditioning and ventilation systems, fire protection, alarm, and security systems.  […] The post Update to Section 179 information for 2018 appeared first on OBL Financial Services.
By OBLAdmin 26 Oct, 2018

FICO, the people that come up with the computer models that calculate your credit scores are making some changes in early 2019. It will be interesting to see how this effects credit scores and see if it does increase some people’s scores. A small score change can turn some declines into approvals. Read about the changes in the press release below:

https://www.prnewswire.com/news-releases/experian-fico-and-finicity-launch-new-ultrafico-credit-score-300734937.html

By OBLAdmin 03 Jan, 2018
OBL Financial Services, Inc. is privileged to have been able to help finance an Owner Operator who is actively supporting Breast Cancer Awareness every mile he travels around the United States. Load Covering Solutions (LCS) referred Wing And A Prayer to OBL for obtaining funding of a rolling tarp system. While working together, Owner Operator Greg, […] The post OBL Success Story – Breast Cancer Awareness appeared first on OBL Financial Services.
By OBLAdmin 04 Oct, 2017
Many small business owners don’t really know what kind of price quote they are going to receive when asking a Web Development firm for a quote. But, they sure find out quickly that many prices coming back exceed $5,000! Do you need to spend that much for a basic professional looking site?  NO!!!! So, where […] The post Do You Need A $5,000 Website? appeared first on OBL Financial Services.
By OBLAdmin 26 Sep, 2017
Have you ever wondered how your credit score is determined? Here is a link from myFico that helps explain it. The post Determining Credit Score appeared first on OBL Financial Services.
By OBLAdmin 18 Sep, 2017
Many businesses look to mitigate what they will owe Uncle Sam come next April.  One of the easiest ways for small business to reduce taxable income is the Section 179 deduction.  This allows a business to depreciate 100% of the cost of qualified equipment purchases up to $500,000.  This is typically more equipment than a […] The post Maximizing your Year End Tax Deductions appeared first on OBL Financial Services.
By OBLAdmin 09 Aug, 2017
In an inter-connected and inter-dependent world, business and technology change at break-neck speed. Needs change, solutions change, and OBL Financial Services, Inc. has changed. We are committed, now more than ever, to helping all segments of the businesses we work with, from end-users seeking equipment to the dealers and manufacturers that provide it. OBL has expanded […] The post Committed to Helping Business appeared first on OBL Financial Services.
By OBLAdmin 22 Jul, 2017
When the lights go out at home during a storm, it’s nice to have a backup. Why not do the same with your finance or lease customers? Don’t risk losing a sale. See if you can save that deal by giving OBL Financial Services, Inc. a shot. OBL Financial Services, Inc. has been in business […] The post Backup Financing Option appeared first on OBL Financial Services.
By OBLAdmin 19 Jul, 2017
When you want to start or expand a business, sometimes it isn’t the strength of your idea but rather the power of your pocketbook that can make the difference. Fortunately, OBL Financial Services, Inc. has been working with business owners, in both established and start-up companies, for nearly 40 years providing that link between daydreaming and […] The post Starting or Expanding a Business appeared first on OBL Financial Services.
By OBLAdmin 07 Jul, 2017
OBL Financial Services, Inc. can finance Retractable Tarp Systems, Auxiliary Power Units (APU), and construction or forestry attachments to equipment you already own. This situation sometimes causes problems for lenders because the equipment they are financing is attached to a piece that some other lender has a lien on. OBL will work with you to […] The post Financed Trailer Tarp System appeared first on OBL Financial Services.
By OBLAdmin 29 Jun, 2017
In an inter-connected and inter-dependent world, business and technology change at break-neck speed. Needs change, solutions change, and OBL has changed – committed now more than ever to helping all segments of the business equipment industry …. from end- users seeking equipment to the dealers, brokers and manufacturers that provide it. In addition, OBL has […] The post OBL New Website appeared first on OBL Financial Services.
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