Working Capital
August 22, 2024
August 22, 2024
Categories
When the Federal Reserve lowers the bank rate, it can have significant ripple effects throughout the economy, particularly for small and medium-sized businesses (SMBs). These rate reductions are often intended to stimulate economic growth by making borrowing more affordable, and for SMBs, this can translate into both opportunities and challenges. […]
Do you like it?
May 21, 2024
May 21, 2024
Categories
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 […]
Do you like it?
October 27, 2023
October 27, 2023
Categories
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: […]
Do you like it?
September 5, 2023
September 5, 2023
Categories
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, […]
Do you like it?
June 16, 2023
June 16, 2023
Categories
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 […]
Do you like it?
May 24, 2023
May 24, 2023
Categories
Keep your customers engaged An occasional email, text or phone call to check in with a customer helps to keep your business in their thoughts. Be honest with customer expectations. If a customer need is not a product or service you offer, let them know right away. Even better […]
Do you like it?
May 11, 2023
May 11, 2023
Categories
An equipment finance broker can add more value than working directly with your bank in several ways: Access to multiple lenders: A broker typically has relationships with multiple lenders, including banks, credit unions, and specialized finance companies. This gives them access to a broader range of financing options compared […]
Do you like it?
May 2, 2023
May 2, 2023
Categories
5 Questions to Ask Yourself when Working with a Lender 1) Will it cost me money to apply? NEVER. Some finance companies charge $150, $250 or more to submit an application. It will never cost you a penny to apply with us and remember, we only Soft Pull credit so […]
Do you like it?
April 18, 2023
April 18, 2023
Categories
Just plain old common-sense guidelines and good practices for productive office etiquette. by Lester Salvatierra 1) “Put details in an email…”, exactly what it means, don’t ramble specific details to a co-worker; express strategies and opinions in person but other stuff should be put in an email for future reference. […]
Do you like it?
April 7, 2023
April 7, 2023
Categories
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 […]
Do you like it?
- Filter by
- Categories
- Tags
- Authors
- Show all
- All
- #truckfinancing
- accounts receivable factoring
- bank loans
- bankloans
- business equipment financing
- business equipment loans
- business finance
- business financing
- business lender
- business loans
- business owner
- commercial lending
- commercial loans
- equipment financing
- equipment financing company
- equipment lease
- equipment leasing
- equipment leasing and financing
- equipment leasing companies
- equipment loans
- equipmentfinancing
- finance broker
- green energy financing
- heavy equipment financing
- leasing companies
- prime rate
- project finance
- sba 7a
- sba loans
- short term business loan
- small business owner
- solar financing
- Solar leases
- solar loans
- trailerfinancing
- trucking financing
- vendor financing
- working capital loans
- workingcapitalloans
May 8, 2020
May 8, 2020
Categories
First US Finance LLC provides accounts receivable factoring services to small and large businesses nationwide. Factoring is the only source of financing that grows with your sales. As sales increase, more money becomes immediately available to you. This allows you to constantly be able to meet increasing demand for your […]
Do you like it?
March 7, 2019
March 7, 2019
Categories
It is well known that merchant capital loans are not inexpensive, often with rates in the teens and higher; but when emergencies hit, they come in handy. Getting capital from your existing equipment through a sale/leaseback also has its’ downside and will take some work by requiring certain documentation and […]
Do you like it?
May 25, 2017
May 25, 2017
Categories
When a business owner decides he or she needs a business loan often their first thought is a bank. However, for many small businesses conventional bank loans are not an option and SBA loans require collateral and a history of profitability and often take several months from application to funding. […]
Do you like it?
March 8, 2017
March 8, 2017
Categories
Want fast money hassle-free; the same day or the next? It’s possible; just have your paperwork ready to go. If you don’t want to bother with financial statements, tax returns, etc. and need cash almost instantly then we have two options for you. Sometimes an opportunity requires fast action otherwise […]
Do you like it?