Mike Farley is managing partner of EquipOne, a company that specializes in debt restructuring for the rental industry. With a degree in financial banking, Farley has a long history with the rental industry, including companies such as U.S. Rentals, United Rentals, NationsRent and Brambles Equipment. He was the first president and CEO of the Volvo Construction Equipment Rents franchise organization before forming EquipOne in 2004.
Articles by Mike
Beware the Equity Partner
by Mike Farley
February 16, 2011
Mike Farley of EquipOne warns equipment rental business owners to beware of...
Protecting Your Equipment Investment
by Mike Farley
January 10, 2011
Many rental companies have reduced the size of their fleets and revenues...
The Power of the Secret Shopper Part 2 - What's Next?
by Mike Farley
January 10, 2011
Once you have received input from your "Secret Shopper" program, what do...
Do Not Wait Until the Repo Man Shows Up
by Mike Farley
January 10, 2011
Your chances of a successful restructure are greatly reduced if your...
Negotiate Bank Fees on a Debt Restructure
by Mike Farley
January 10, 2011
In this week's Financial Forum, Mike Farley of EquipOne explains that while...
SOT (Sold Out of Trust) -- A Dangerous Practice
by Mike Farley
October 14, 2010
One of the biggest problems our banks are encountering during these tough...
Can I Get Professional Help If I Already Did a Debt Restructure?
by Mike Farley
October 14, 2010
Clients who've attempted to do their own debt restructuring often lose...
Building Your Revenue Base
by Mike Farley
October 14, 2010
Mike Farley of EquipOne knows building a revenue base is far more...
Will a Debt Restructure Hurt my Credit?
by Mike Farley
October 14, 2010
Mike Farley of EquipOne examines the effects a debt restructure can have on...
Who Should I Work With at My Bank to Get a Debt Restructure?
by Mike Farley
October 14, 2010
If you're dealing with your local bank, then stay with your personal...
The Power of the Secret Shopper
by Mike Farley
October 14, 2010
Mike Farley of EquipOne explains how marketing techniques used by major...
Is Your Company Too Small for a Debt Restructure?
by Mike Farley
October 14, 2010
If you are struggling to pay your debt service, no matter the size of...
Inventory Selection
by Mike Farley
October 14, 2010
Whenever you make a purchase, you should be evaluating all of your fleet...
Why Maintenance Matters
by Mike Farley
September 2, 2010
It's imperative to keep your fleet in top working order, or your fleet will...
Is Each Asset In Your Fleet Making You Money?
by Mike Farley
September 2, 2010
Mike Farley of EquipOne outlines how to evaluate your fleet to determine if...
How to Set Your Rate Structure to Competitive Levels
by Mike Farley
September 2, 2010
Mike Farley of EquipOne provides tips on how to get your rental revenue...
Hiring and Compensating for Success - Part One of a Three-Part Series
by Mike Farley
September 2, 2010
Hiring the right employees is vital to the success of your business. Here...
Hiring and Compensating for Success (Part Two of a Three-Part Series) - Compensation
by Mike Farley
September 2, 2010
Mike Farley of EquipOne provides insight into how to properly compensate...
How Do I Plan for Debt Restructuring?
by Mike Farley
July 1, 2010
Mike Farley of EquipOne explains the steps rental businesses should use...
What Is Debt Restructuring?
by Mike Farley
July 1, 2010
Debt restructuring can take many forms, but its goal is always to match the...
