equipment leasing and financing

September 19, 2022

The 5 Secrets of Equipment Financing

The use of equipment financing is good decision making, especially when compared to bank loans or cash purchases. Investing cash in equipment makes the business asset rich and cash poor. When a business is cash poor, it is limited in its ability to take advantage of new opportunities or to… Continue Reading The 5 Secrets of Equipment Financing
February 5, 2022

Which Credit Funnel Works Best for Your Business?

In the finance world, there are lenders with wide credit funnels or approval criteria and ones with very narrow funnels. That means if a lender has wide credit parameters they are much more willing to approve a broad range of credit types; credits with defaults, slow payment history, inconsistent cash… Continue Reading Which Credit Funnel Works Best for Your Business?
January 25, 2022

Great Finance Program for Start-up Truckers in CA, TX, FL and NY

May 18, 2021

Missing One or More of the 5 C’s of Credit? We can still help.

March 12, 2021

The CASH MAN

“I handle everything with cash…” Yes, I get it, I get it… I owned a small business too and there are many initial advantages of doing cash business. Everything might go okay for a while but what happens if or when you start to grow? Larger corporate clients don’t do… Continue Reading The CASH MAN
February 5, 2021

What is the Difference between You and My Bank?

August 12, 2020

Hard vs. Soft Credit Reports

When a lender requests or “pulls” your credit report from a credit bureau to review your file, that inquiry may be recorded as part of your file history depending on the type of report requested. There are two types of inquiries possible known as “hard” or “soft” credit pulls. A… Continue Reading Hard vs. Soft Credit Reports
May 24, 2020

Why Didn’t I Get Approved?

There are several factors that typically are considered when a credit team is reviewing a business profile to issue a decline or approve decision for financing equipment or providing working capital. There is some flexibility among lenders when considering the different factors but there is a common base that many… Continue Reading Why Didn’t I Get Approved?
March 3, 2020

CONSERVE CASH – PAY MORE, SAVE MORE

The interest rate topic drives some business owners into making rash decisions. All owners want to pay the lowest rate possible but we’ve seen some work hard to qualify for a good rate, providing all the requested documentation and then lengthen the term of the finance just because they are… Continue Reading CONSERVE CASH – PAY MORE, SAVE MORE