bad credit

Equipment Lease Tips for the Credit Challenged

Having bad credit can make obtaining business financing almost impossible.  Most banks want their clients to have good to excellent credit and strong debt to income ratios. If you fall outside of their rigid credit guidelines, they don’t care how strong your company is.  The answer is no.  That’s why more and more business owners have turned to equipment leasing. Leasing Programs For Business Owners With Bad Credit If you more »

capital equipment

What is An Equipment Sale Leaseback

What is Sale Lease Back Financing? A sale leaseback is a financial transaction between a business owner who owns VALUABLE business equipment and a leasing company.   The business owner uses the equipment as collateral for a working capital loan or to purchase more equipment.  The amount given thru an equipment sale leaseback is based on the auction value of the equipment.   This type of loan isn’t based on more »

Business Financing Even With A Bad Credit: Loans From Family or Friends

When you have poor credit and getting lending is hard, it isn’t a horrible idea to allow friends and family to invest in the company or lend you money. Keep in mind that even though this is family or friends, it is still crucial to treat this as a business deal and have everything well laid out in writing. Lai is a credit specialist for Lease Funders, an equipment leasing more »

Equipment Leasing Allows Businesses To Preserve Their Working Capital

Many business owners are looking for new ways to save money. Working capital is hard to come by unless you are a well established business with owners who have perfect credit. The days in which obtaining an unsecured loan easily have past. We used to do unsecured loans for all types of companies and credit situations. Now we can only do them if you have a credit score of 700 more »

Lease buy

Three Types Of Equipment Leases Your Business Can Profit From

Looking for ways to preserve your companies working capital? Unsure of how you will buy the new equipment your company needs to stay competitive, and still have enough to expand your company? Equipment leasing can do that for you! Equipment leasing allows you to buy the new equipment you need quickly and with a very low down payment. By making the monthly payments you are getting the use of the more »