Equipment Financing

May 15, 2013

Shotgun Approach to Life and Equipment Financing

When you need something done which requires a specific skill or knowledge, whether it’s in your personal life or business; do you “shotgun” that requirement to as many people as possible or do you consider the alternatives and make one best judgment choice? If you think about it, it depends […]
April 6, 2013

3 Keys to Equipment Lease Approvals

There are three key components to getting your finance request approved; cash, credit and collateral. This holds true whether getting an equipment loan or lease, leasing a car or financing a new home. The three components all play an important role and understanding them will help clarify the finance process. […]
February 5, 2013

Equipment Leasing Vendor Program: More Sales with Less Effort

When was the last time you purchased a car without sitting down with the finance manager to work out the details? Or went shopping for furniture without being presented with extended payment terms? Several industries have made an art of combining the “sales close” with a neatly packaged finance agreement […]
January 10, 2013

Are You an Equipment Financing Expert?

We have access to more information than we ever have at our fingertips. A library full of encyclopedias is now dwarfed with the material we can all download on the internet. It allows us to be much more informed and knowledgeable but does it make us experts in any specific […]
November 10, 2012

Credit Preview

Many companies have been affected by the fluctuations in the economy the last couple of years. Sales would surge one month, completely go flat the next and it has been difficult for many of us to manage cash flow and debt. Company credit has taken a hit and damage has […]
October 22, 2012

Financing for Growth

This year is racing away quickly and I think for most of us, we’re not too sad to see it pass. The economy in many markets has had an upbeat tick, which we’re all grateful for but in other areas, including employment rates, it could be better. The goal for […]
September 22, 2012

MASTER LEASES = Big Benefits

A Master Lease is a program which is simple to set up yet yields big benefits to the borrower. A customer which plans to make several equipment purchases throughout the year will benefit by having them approved under one Master Lease as opposed to taking out separate individual leases for […]
August 20, 2012

Your Credit Score

Personal credit score for small companies and businesses is a key consideration to the types of loans and leases you have access to. Other things being equal, the higher your score, the lower the interest rate you will pay on everything. Remember, lenders often won’t know what a great person […]
July 16, 2012

Factor vs. ABL

What is Factoring? It is the purchase of invoices for cash to provide working capital to the seller of that receivable. Currently, factoring volume exceeds $200 billion in the United States. Unlike collateral lenders, Factors are providing both liquidity and credit services to their clients. Factors generally earn a return […]