Equipment Financing

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 […]
September 8, 2011

Delusional Financing

Zero-percent financing! Instant approvals with no credit check! Poorcredit? Still get great rates! There are ads online and in print which make no sense and are in fact clearly delusional or intentionally misleading; making statements and offers so far out of reality that how can they be taken seriously? Bait-and-switch […]
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 LENDING – A Great Option

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 […]