Equipment Financing

May 21, 2024

Why Financing Equipment Makes Sense for Business Owners, Even with Higher Interest Rates

In the current economic climate, interest rates have risen to levels we haven’t seen in years. Current prime rate is 8.50% which is what lenders use to set rates for loans, credit cards and lines of credit. Prime rates are usually 3% above the federal funds rate which is at… Continue Reading Why Financing Equipment Makes Sense for Business Owners, Even with Higher Interest Rates
October 27, 2023

6 Key Benefits of Using an Equipment Finance Broker Over a Commercial Bank

When it comes to acquiring essential equipment for your business, you have options. While many companies turn to their commercial banks for financing, working with an equipment finance broker offers a host of advantages that can make the process smoother and more cost-effective. Here are six big benefits to consider:… Continue Reading 6 Key Benefits of Using an Equipment Finance Broker Over a Commercial Bank
September 5, 2023

Key Reasons a Business Owner Would Not Want to Finance Equipment

While equipment financing can offer numerous benefits, there are situations where a business owner might prefer to pay cash for equipment acquisition. Here are a few key reasons: Cost Savings: Paying with cash avoids interest charges and fees associated with financing. If the business has the necessary capital readily available,… Continue Reading Key Reasons a Business Owner Would Not Want to Finance Equipment
June 16, 2023

How does the current prime interest rate of 8.25% in the United States affect commercial lending rates?

Commercial lending rates are influenced by various factors, including the prime rate, which is the interest rate that banks charge their most creditworthy customers. When the prime rate changes, it can have a ripple effect on other interest rates, including commercial lending rates. In general, when the prime interest rate… Continue Reading How does the current prime interest rate of 8.25% in the United States affect commercial lending rates?
May 24, 2023

11 Tips for Customer Success

May 11, 2023

How does a finance broker add more valuer than working with your bank

May 2, 2023

5 Questions to Ask Yourself when Working with a Lender

April 18, 2023

6 Suggestions for Productive Office Behavior

April 7, 2023

Business Owners Have No Time to Waste

As business owners, we cannot waste time on activities that give us little benefit. We must focus on our clear profit producers, get the key things done and finish so we can relax down time without stressing over what we couldn’t get done. Here are some action items that may… Continue Reading Business Owners Have No Time to Waste