May 4, 2017
Every vendor, manufacturer, distributor, dealer or business which sells equipment to another business (B2B sales) can benefit from having an equipment leasing company or finance company as a strategic partner. As a vendor, the goal is to make the purchase of your products as easy as possible; the purchase activity […]
April 18, 2017
At a recent equipment financing and equipment leasing trade show we polled over 125 business owners with a short survey and had various discussions with numerous willing participants. Our main question was simple; if you borrowed $100,000 for your business, what is the dollar amount of interest you would be […]
April 7, 2017
Equipment financing brokers come in all shapes and sizes; many work part time in addition to another job and some work at it full time. Brokers love the flexibility because they can work from home with a laptop, phone and printer/scanner. The part-timers are often sales representatives for an equipment […]
March 8, 2017
Want fast money hassle-free; the same day or the next? It’s possible; just have your paperwork ready to go. If you don’t want to bother with financial statements, tax returns, etc. and need cash almost instantly then we have two options for you. Sometimes an opportunity requires fast action otherwise […]
January 17, 2017
Don’t want to pay any interest? Pay cash for your new equipment and you can be assured you are paying the lowest “rate”. If you have buckets of extra cash this might be the best thing to do but if you have that much extra capital that means your business […]
October 19, 2016
A bank rejection is painful particularly if your company is under a time crunch to get new equipment or in need of working capital. Many businesses leave the financing step as the last thing on their agenda which may not allow enough time for an alternate plan in case things […]
September 25, 2016
Business owners and managers want to compare equipment finance companies to their bank and for a good reason; a bank is a company’s first point of reference when borrowing money or financing equipment or an expansion project. A bank is the most obvious place to start and a secure place […]
March 14, 2016
There are 3 areas to be aware of which directly affect the outcome of your finance request. To get approved, you have to be strong in at least one of these areas otherwise, wait until your situation improves or bring on a strong credit partner. 1) Cash Flow: The key to […]
January 31, 2016
“I pay for everything in cash, I never finance anything” or “I’ve never had to take out a loan, I don’t believe in it”. Every so often, I encounter this type of feedback from a business owner. The attitude usually goes along with a strong, hands-on work ethic for an […]
November 23, 2015
Sale reps and vendors spend a considerable amount of time and money to identify and get in front of the right potential client. The opportunity to directly engage with a prospect is often considered a victory in of itself yet many sales people fail to get valuable information about the […]