Why your personal credit is so important to your business loan lender

Banks, along with equipment funding lenders, use the following to assess loan applications: Income Credit Capability Security. But while banks look at little-to-medium size businesses from a Fortune 500 view, applicants are seen by equipment funding businesses from a small business outlook, a more “common sense” approach to financing. The first thing we look at is how you pay your bills.  As a small equipment financing business.  We work with more »

Different Types of Bad Credit Business Financing

As a small business owner, you need a steady flow of working capital to help fund expansion and growth, including hiring new employees, buying or leasing equipment, ordering bulk materials in advance of manufacturing goods and other business building activities. Unfortunately, if you are like a lot of entrepreneurs, you probably have average or bad credit, and bank loans are tough to obtain, even if your credit is fantastic. You more »

accepting credit cards

Accepting Credit Card Payments Is Vital For Your Business

What is Credit Card Processing And Why Does Your Company Need To Be Accepting Credit Cards Whether you are an online business or a regular brick and mortar business.  You need to be accepting credit cards from your clients.  Your processing equipment should not only accept credit card payments but also debit cards. Do you need special processing equipment? Do you need credit card processing equipment for your business?  Before more »

Should You Lease or Buy Your Next Piece Of Business Equipment

With the cost of business equipment on the rise, many of today’s business owners are looking for alternative ways that they can get the equipment they need without having to empty out their business savings accounts or mortgage their homes. For a typical automotive repair shop, the necessary equipment can run almost $100,000 and if you are starting a construction or other such heavy equipment company, multiply that total by more »

How To Choose The Best Business Financing Strategy

There are numerous financial tools available to help entrepreneurs fund and grow their businesses. This is a positive thing, but such a vast array of options can make it difficult to determine which tool best fits your particular funding requirements. Below is a list of things to consider as you choose the best business financing method for your business. Lease FundersLease Funders is an equipment leasing company who specializes in business more »