Equipment Financing

January 21, 2012

Equipment Financing and Factoring – A Powerful Combination

Seasoned business owners understand the power of financial leverage. This is particularly important for manufacturing companies, which require a significant investment in equipment, inventory and raw materials before they can start making sales. Often the key to success is to spend as little working capital as possible on these expenses, […]
January 6, 2012

Equipment Loans & Equipment Leasing: A Banker’s Best Friend

What happens when a business client comes into your bank, requests a business loan or to finance some equipment and you can’t do it? Rejecting a client, at any level, is not easy but the first inclination for that business owner is to look for another bank which can fulfill […]
January 2, 2012

Top Question of 2011?

As we look back on 2011 and enthusiastically welcome in the New Year of 2012, we reflect on the most commonly asked question last year. Beating out, “what’s myrate?” and “how fast can you get it done?” is the most frequently asked question, “WHAT IS THE DIFFERENCE BETWEEN YOU AND […]
December 2, 2011

No Fees (only service!)

Many lenders and finance companies still ask for “review fees” which basically means they are charging you to review your financials even if they don’t get you approved. Some of the fees can actually be substantial in the $500 + ballpark; lenders are making money off of you even when […]
November 13, 2011

Equipment Financing and Business Networking – Both Go Hand in Hand

To work in the finance services industry, whether its financial or estate planning or business financing, requires an individual to establish a great deal of trust with their client. The type of trust which necessitates a person to disclose all their worldly possessions to someone else, follow their advice and […]
November 4, 2011

The Stuff that Matters

There are some key items which underwriters target and look at; just because someone has a great credit score or been in business for 10 years doesn’t mean approvals will be automatic. Business owners and managers are sometimes perplexed regarding why they didn’t get the approval they “thought” they deserved. […]
October 21, 2011

Equipment Financing Lessons for Poor Credit

As a business owner, partner or equipment vendor, you try to find goodways to finance your business or help your clients finance your products. With this goal in mind, you have to consider business equipment lease financing. When compared to business loans, applying for equipment lease financing is generally easier, […]
October 15, 2011

Equipment Financing – Perfect for Vendors

Vendors that automatically offer a financing option for their products have higher overall sales. This is a fact. The automotive industry has been a leader in offering captive financing to sell more and higher priced vehicles, than they otherwise would have, to their clients. When the sales manager sits down […]
September 22, 2011

Equipment Financing – Are You Bankable?

You have made it through the toughest 3-4 years of business; you have poured your energy, creativity and money into making your company sustain itself and grow. The start-up phase for any business is the most volatile time; lenders and creditors turn away from you when you feel like you […]