Equipment Financing

August 3, 2011

Municipal Financing Makes Sense

Lease/Purchase financing is designed to complement, not replace, bond financing for government agencies. Leases afford the opportunity to acquire equipment during the current fiscal year instead of having to wait until the next budgetary cycle. For vendors promoting government projects, it offers the lowest rates in the industry commonly in […]
July 22, 2011


Asset Based Lenders (“ABL Lenders”) look to tangible collateral to support their business loans. They are more flexible, regarding cash flow and other performance criteria, than traditional lenders and will accept some losses and higher debt leverage than a bank. ABL lenders primarily focus on lending against real estate, capital […]
July 8, 2011

Personal Guaranty: Why You May Need to Make One

One of the reasons businesses shift from sole proprietorship to Limited Liability Company (LLC) or Corporation is to “limit” their exposure to liability and protect the owner’s personal assets. A great strategy overall but one which may not apply to newly formed entities or tightly held companies with marginal financial […]
June 24, 2011

Equipment Financing Myths – What Every Business Owner Should Know

The financial markets and financing in general has changed because of the recession. Doing ‘business as usual’ has tightened up quite a bit and understanding the playing field will help get your financing requests completed more quickly and dampen some of the frustrations which can occur during the process. There […]
June 21, 2011

Equipment Financing and Equipment Loans: Be Ready to Open Your Books

Neatly filled out Finance Applications come to us on a daily basis for equipment financing requirements. They come from business owners, doctors, chief financial officers and company presidents. The application is sent in yet the supporting financial documents trickle in after and sometimes only part of the needed information is […]
June 17, 2011

Business Equipment Financing vs. Office Equipment Financing

Is there a difference in financing standard business equipment like machinery, tools or vehicles and office equipment like copy machines or computers? When it comes to financing – there really is no difference! Equipment lenders are only concerned about a few common criteria when financing equipment. These criteria are: Life […]
May 27, 2011

5 Key Steps to Build a Valuable Relationship With Your Bank

A good banking relationship is critical for any business; that relationship should grow as your business grows and can develop into a very strong bond as long as you manage it properly. A good connection with your bank will provide ongoing information with often, free consultation regarding the growth of […]
May 21, 2011

What You Need for an SBA Business Loan

The U.S. Small Business Administration (SBA) offers guaranteed commercial loans by the federal government for small businesses. These loans are offered through approved partners in the lending industry and not directly through the SBA. When the SBA guidelines are followed and approved, the lender has less risk since a significant […]
May 20, 2011

City Districts and their Budgets

The great majority of municipalities are working hard on their new fiscal budgets and are ready for another year of serving their public. Nationwide, all of the cities, counties, and various types of districts are facing reduced revenues thus the need to control their expenses and maintain their capital reserves […]