business equipment financing

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 […]
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 […]
July 24, 2017

Seduced by Rate

Everyone wants a good deal; when it comes to finances, this is particularly true. When we part with our money we want to make sure we are getting a good value and not paying excessive fees or costs which we were not aware of. Surprises are the last thing anyone […]
June 27, 2017

What a UCC Filing Means to Your Business

UCC guidelines dictate how commercial transactions are handled throughout the United States; UCC stands for Uniform Commercial Code. If your business has ever financed equipment then you have some experience with a UCC filing. It is a way the federal government controls financial business transactions. Most states have adopted UCC […]
May 25, 2017

Revenue Anticipation Loans

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. […]
October 19, 2016

When Your Bank Says NO

A bank rejection is painful particularly if your company is under a time crunch to get new equipment or in need of working capital. Many businesses leave the financing step as the last thing on their agenda which may not allow enough time for an alternate plan in case things […]
September 25, 2016

Your Bank and Business Financing – Reality Check

Business owners and managers want to compare equipment finance companies to their bank and for a good reason; a bank is a company’s first point of reference when borrowing money or financing equipment or an expansion project. A bank is the most obvious place to start and a secure place […]
August 4, 2015

Deal Killers – In Equipment Leasing and Financing

A “deal killer” in financing is one that stops the approval review process right in it’s’ tracks. The finance request is dead and the chances of getting approved are gone. The deal killers are clear and usually well defined but somehow businesses still submit applications with these killers on the […]
July 21, 2014

New Program with 1 Day Approvals & Funding – Equipment Cost: $5,000 – $25,000

We have a new program for small ticket equipment financing which approves a client and funds a vendor the very same day. Approval decisions happen within 2 hours so you can use your new equipment right away. This is the fastest finance process in the industry! The Key Points include: Finance amount: […]