Jim Oliver: Equipment Financing

In this episode, Jim Oliver and Nick Kosko discuss: 

  • Premiums and multiple ways it can be paid
  • Terry Nash’s logging business example
  • Being your own banker
  • “Retirement” distribution 

Key Takeaways: 

  • The premium is the solution, not the problem
  • By financing equipment you’re able to recapture interest you would have paid to the bank
  • If the bank is in charge, then they can close the doors of your business
  • The rate is a distraction 

“This is about being your own banker and getting that interest to flow to you instead of away from you.” —  Nick Kosko

Connect with Nick Kosko:  
LinkedIn: Nick Kosko 
Facebook: Nick Kosko 

Connect with Jim Oliver:  
Facebook: CreateTailwind & Jim Oliver  
Website: CreateTailwind.com  
YouTube: createtailwind.com  
LinkedIn: Jim Oliver  

Show notes by Podcastologist: Chelsea Taylor-Sturkie